Bitmine said in a June 1 SEC exhibit that it bought 26,497 ETH over the past week and now holds 5,416,901 ETH, or 4.49% of Ethereum's 120.7M supply. The company pegs total crypto, cash and "moonshots" at $11.6B, including 4,718,677 staked ETH, $446M cash, 203 BTC, and stakes in Beast Industries and Eightco. Tom Lee says BMNR is 90% of the way to its 5% ETH target, turning a public miner into one of the market's biggest ETH treasury vehicles.

TLDR by @Benthic

More on BMNR

Comments