BitMine Reports $10.8 Billion Ethereum, Bitcoin, ‘Moonshot’ Crypto Holdings

BitMine Immersion Technologies Inc (AMEX:BMNR) has amassed over 2.15 million ETH tokens worth approximately $10 billion, cementing its position as the world’s largest Ethereum (CRYPOT: ETH) treasury company.

What Happened: The company’s total crypto and cash holdings reached $10.771 billion as of Sep. 14, including 2,151,676 ETH, 192 Bitcoin (CRYPTO: BTC), $214 million in “moonshot” investments and $569 million in unencumbered cash.

This positions BitMine as the second-largest global crypto treasury behind Strategy (NASDAQ:MSTR), which holds $74 billion worth of Bitcoin.

“BitMine has nearly $11 billion in total crypto holdings, surpassing the 2 million ETH milestone,” …

Full story available on Benzinga.com