Bitmine Immersion Shares Rise as Crypto Holdings Reach $14.9 Billion

MT Newswires Live
7 hours ago

Bitmine Immersion Technologies (BMNR) shares rose 5.7% in Monday trading after the company said its cryptocurrency holdings reached $14.9 billion, including 4.8% of the total ether supply.

Bitmine acquired 32,447 ether in the past week, bringing its total to 5.85 million tokens valued at $2,440 each, the company reported Monday in a statement.

The company also holds 210 bitcoin, a $180 million stake in Beast Industries, an $89 million stake in Eightco Holdings (ORBS), and $308 million in total cash and marketable securities, the company said.

Price: 24.14, Change: +1.31, Percent Change: +5.72

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10