{"id":43920,"date":"2025-08-25T12:47:06","date_gmt":"2025-08-25T12:47:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43920"},"modified":"2025-08-25T12:47:06","modified_gmt":"2025-08-25T12:47:06","slug":"bitmines-eth-holdings-top-1-7m-tokens-with-562m-of-buying-power-remaining","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43920","title":{"rendered":"BitMine&#8217;s ETH Holdings Top 1.7M Tokens, With $562M of Buying Power Remaining"},"content":{"rendered":"<div>\n<p>BitMine Immersion Technologies (BMNR), the public ether (ETH) treasury company led by Fundstrat&#8217;s Tom Lee, continued its buying spree acquiring over 190,500 tokens through last week, the firm <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-reigns-as-the-1-eth-treasury-in-the-world-2nd-largest-crypto-treasury-globally-and-the-20th-most-liquid-us-stock-trading-2-8-billion-per-day-on-average-302537388.html\">reported<\/a> on Monday.<\/p>\n<p>That brought total ETH holdings 1,713,899 tokens, worth roughly $7.9 billion at current ETH prices. The firm also held $562 million in cash for further acquisitions.<\/p>\n<p>The company said its crypto and cash holdings combined hit $8.8 billion as of late Sunday at a $4,800 ETH price, up from the <a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/18\/bitmine-s-ether-holdings-top-usd6-6b-stock-slides-7-alongside-eth-s-tumble\">previous week&#8217;s $6.6 billion<\/a>. However, the overnight crypto market plunge brought the stash&#8217;s value down as ETH fell below $4,600 by U.S. morning hours.<\/p>\n<p>BMNR stock was own 2.6% premarket, after rallying 12% on Friday.<\/p>\n<p>The stock&#8217;s high trading volume helped the company to raise funds and increase ETH holdings at a fast pace, Lee said in a statement. BMNR booked a $2.8 billion average daily volume last week, ranking 20th among U.S. stocks trailing crypto exchange Coinbase (COIN).<\/p>\n<p>BitMine earlier this month <a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/12\/tom-lee-s-bitmine-aims-to-raise-as-much-as-usd20b-for-more-eth-buys\">filed<\/a> to raise $20 billion more through stock sales. <\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/25\/bitcoin-reverses-powell-spike-with-a-flash-crash-as-options-market-signals-jitters-ahead\">Bitcoin Reverses Powell Spike With a Flash Crash as Options Market Signals Jitters Ahead<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies (BMNR), the public ether (ETH) treasury company led by Fundstrat&#8217;s Tom Lee, continued its buying spree acquiring over 190,500 tokens through last week, the firm reported on Monday. That brought total ETH holdings 1,713,899 tokens, worth roughly $7.9 billion at current ETH prices. The firm also held $562 million in cash for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43920","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43920"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43920\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}