Bitmine immersion technologies (BMNR)Public ether (Eth) Treasury Company led by Tom Lee de Fundstrat, continued his purchasing frenzy acquire more than 190,500 tokens until last week, the firm reported on Monday.
This brought Total ETH Holdings 1,713,899 tokens, worth around 7.9 billion dollars at current ETH prices. The company has also owned $ 562 million in cash for other acquisitions.
The company said that its crypto and combined cash funds reached $ 8.8 billion at the end of Sunday at a $ 4,800 price, up from $ 6.6 billion in the previous week. However, diving in the cryptography market overnight has lowered the value of the hiding place while the ETH fell below $ 4,600 by American hours.
The BMNR action owned 2.6% before the market, after joining 12% on Friday.
The high trading volume of the action helped the company collect funds and increase ETH’s assets at a rapid pace, Lee said in a statement. BMNR reserved an average daily volume of $ 2.8 billion last week, ranking 20th among the American actions in the Coldonge Coinbase Coinbase Coinbase (COIN).
Bitmin earlier this month filed $ 20 billion more thanks to action sales.
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