Bitmine Immersion Technologies (BMNR)The Digital Treasury Company company dedicated to Ethereum’s Ether (Et) And assisted by Tom Lee of Fundstrat, it said crypto, cash and equity holdings hit $ 10.77 billion.
Like Sunday, Las Vegas -based firm is held 2,151,676 ETH, adding 82,233 tokens to his stash Last weekAccording to a Monday Press release. It also held $ 569 million in unscheduled cash. Ether costs $ 9.7 billion at current prices.
Its equity stake in Worldcoin dedicated to Eightco (Octo)A new crypto treasury company centered on the Iris Scanning Project Worldcoin rose to $ 214 million. That is more than 10 times in Initial $ 20 million investmentThe marking of Bitmine’s first stakes in a fellow digital asset treasury plays so -called “moonshots.”
Since the company’s pivot in Ether in June, Bitmine appeared as the second largest public owner of a cryptocurrency, which rode only the $ 73 billion bitcoin stash.
Treasury companies have been under pressure In recent weeks with some stocks trading below the net asset value of their underlying handles. Ethereum Treasury’s Rivals Sharplink Gaming, for example, last week Buy back equity to lift its sharing price.
Read more: The purchase of corporate bitcoin slows down in August as wealth increases $ 5B
