BitMine Immersion Technologies · Ethereum · Federal Reserve (FED) · The Block
Of the total tokens held, 5,067,309 ETH, valued at $12.9 billion
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Beyond ether, Bitmine reported 214 bitcoin, a $180 million stake in Beast Industries, an $85 million investment in Eightco Holdings, and $612 million in cash and marketable securities.
Key facts
- Beyond ether, Bitmine reported 214 bitcoin, a $180 million stake in Beast Industries, an $85 million investment in Eightco Holdings, and $612 million in cash and marketable securities
- Of the total tokens held, 5,067,309 ETH, valued at $12.9 billion, are staked through the company's MAVAN platform and staking partners, representing 84% of its balance
- At $2,544 per ETH, the holdings are worth approximately $15.3 billion
- s ether price page, ether traded at $2,529.15 on Monday, up 1.03% over 24 hours
Summary
Bitmine Immersion Technologies announced Monday that it increased its Ethereum treasury to 6,028,946 ETH after acquiring 12,532 tokens over the past week. At $2,544 per ETH, the holdings are worth approximately $15.3 billion. Of the total tokens held, 5,067,309 ETH, valued at $12.9 billion, are staked through the company's MAVAN platform and staking partners, representing 84% of its balance. Chairman Tom Lee noted that ether outperformed the S&P 500 by 6,832 basis points in the third quarter despite macroeconomic tightening, high bond yields, and Federal Reserve policy.