Ethereum · BitMine Immersion Technologies · Bitcoin · The Block
Tom Lee’s Bitmine tops 6 million ETH after buying another 17,362 ether
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Tom Lee-chaired Ethereum ETH -0.34% ETH -0.34% $2,673.66 See Details treasury company Bitmine 's B BMNR -2.61% holdings have reached 6,001,302 ETH, worth around $16.1 billion at current prices, following its latest weekly acquisitions.
Key facts
- Tom Lee-chaired Ethereum ETH -0.34% ETH -0.34% $2,673.66 See Details treasury company Bitmine 's B BMNR -2.61% holdings have reached 6,001,302 ETH, worth around $16.1 billion at current prices
- And this 5.1 million ETH is 84% of the 6.00 million ETH held by Bitmine
- Bitmine bought another 17,362 ETH since its last update on Sept. 21, reporting Monday that its total crypto, cash, marketable securities and other investments stood at $17.2 billion
- Bitmine remains the largest Ethereum treasury holder, followed by Joe Lubin's Sharplink and The Ether Machine, with approximately 888,938 ETH and 496,712 ETH, respectively, according to SER data
Summary
Bitmine bought another 17,362 ETH since its last update on Sept. 21, reporting Monday that its total crypto, cash, marketable securities and other investments stood at $17.2 billion. "Bitmine's total ETH holdings now exceed 6 million. We are already seeing the synergies and positive network effects from our accumulating nearly 5% of ETH total supply. "Moreover, they continue to see affirming signs that a crypto bull market is underway, having started in late June," Lee added. As of Sept. 27, Bitmine also holds 213 BTC ($17.8 million), a $115 million stake in Eightco Holdings, a $180 million stake in Beast Industries, and total cash and marketable securities of $672 million, it said.