Bitmine immersion technologies (BMNR)The Digital Treasury Society of assets has focused on Ethereum ether (Eth) And led by Tom Lee de Fundstrat, said his assets in crypto, cash and shares have reached $ 10.77 billion.
Sunday, the company based in Las Vegas owned 2,151,676 ETH, adding 82,233 tokens to its hiding place last week, according to a press release on Monday. It also held $ 569 million in unrecognized cash. The ether is worth $ 9.7 billion at current prices.
Its equity participation in the eightco focused on the world (Octo)A new cryptographic cash flow company focused on the Iris Worldcoin scanning project reached $ 214 million. This represents more than 10 times the initial investment of $ 20 million, marking the first Bitmine bet in another digital asset treasure play what he calls “moonshots”.
Since the company’s pivot in Ether in June, Bitmin has become the second largest public owner of a cryptocurrency, following the Bitcoin reserve of $ 73 billion in Pioneer Strategment.
Treasury companies have been under pressure in recent weeks, certain actions negotiating below the value of the net assets of their underlying assets. Rival Ethereum Treasury Company Sharplink Gaming, for example, last week, bought equity to increase its stock market course.
Read more: the purchase of corporate bitcoin slowed down in August while treasury bills add $ 5 billion
