{"id":47605,"date":"2025-09-15T14:46:47","date_gmt":"2025-09-15T14:46:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47605"},"modified":"2025-09-15T14:46:47","modified_gmt":"2025-09-15T14:46:47","slug":"bitmines-ether-treasury-crosses-2-15m-stake-in-worldcoin-vehicle-rises-10-fold","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47605","title":{"rendered":"BitMine&#8217;s Ether Treasury Crosses 2.15M, Stake in Worldcoin Vehicle Rises 10-Fold"},"content":{"rendered":"<div>\n<p>BitMine Immersion Technologies (BMNR), the digital asset treasury company focused on Ethereum&#8217;s ether (ETH) and helmed by Fundstrat&#8217;s Tom Lee, said its crypto, cash and equity holdings hit $10.77 billion.<\/p>\n<p>As of Sunday, the Las Vegas-based firm held 2,151,676 ETH, adding 82,233 tokens to its stash <a href=\"https:\/\/www.coindesk.com\/business\/2025\/09\/08\/bitmine-now-holds-usd9b-in-crypto-treasury-fuels-1-000-surge-in-wld-linked-stock\">last week<\/a>, according to a Monday <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-crypto-and-cash-holdings-of-10-8-billion-eth-holdings-exceeding-2-151-million-302556218.html\">press release<\/a>. It also held $569 million in unencumbered cash. The ether is worth $9.7 billion at current prices.<\/p>\n<p>Its equity stake in Worldcoin-focused Eightco (OCTO), a new crypto treasury firm centered on iris scanning project Worldcoin (WLD), rose to $214 million. That&#8217;s more than 10 times the <a href=\"https:\/\/www.coindesk.com\/business\/2025\/09\/08\/bitmine-now-holds-usd9b-in-crypto-treasury-fuels-1-000-surge-in-wld-linked-stock\">initial $20 million investment<\/a>, marking BitMine&#8217;s first bet in a fellow digital asset treasury play what it calls &#8220;moonshots.&#8221;<\/p>\n<p>Since the firm&#8217;s pivot to ether in June, BitMine has emerged as the second-largest public corporate owner of a cryptocurrency, trailing only pioneer Strategy&#8217;s $73 billion bitcoin stash.<\/p>\n<p>Treasury firms have been <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/09\/04\/crypto-treasury-names-hammered-further-as-nasdaq-reportedly-ups-scrutiny\">under pressure<\/a> over the past weeks with some stocks trading below the net asset value of their underlying holdings. Rival Ethereum treasury company Sharplink Gaming, for example, last week <a href=\"https:\/\/investors.sharplink.com\/sharplink-share-buyback-eth-treasury-stockholder-value\/\">bought back equity<\/a> to lift its share price.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/09\/14\/corporate-bitcoin-buying-slows-in-august-as-treasuries-add-usd5b\">Corporate Bitcoin Buying Slowed in August as Treasuries Add $5B<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies (BMNR), the digital asset treasury company focused on Ethereum&#8217;s ether (ETH) and helmed by Fundstrat&#8217;s Tom Lee, said its crypto, cash and equity holdings hit $10.77 billion. As of Sunday, the Las Vegas-based firm held 2,151,676 ETH, adding 82,233 tokens to its stash last week, according to a Monday press release. It [&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-47605","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\/47605","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=47605"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47605\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}