Hold on to your digital wallets, folks! Bitmine Immersion just casually revealed a treasure trove worth $10.8 billion in crypto, cash, and investments-yep, over 2.15 million ETH in their possession. This makes them the undisputed champion of Ethereum hoarding!
Bitmine’s Ethereum Stash is Bigger Than Your Wildest Dreams
So, here’s the scoop: Bitmine Immersion Technologies (NYSE: BMNR) has just dropped a bombshell-$10.8 billion worth of assets, mostly made up of massive ethereum holdings. That’s more than a decade’s worth of the average person’s salary, all in one company’s crypto stash. Talk about #livingthedream, right?
As of September 14, they’re sitting on 2,151,676 ETH, valued at a neat $4,632 each. Add to that 192 BTC (because why not?), $569 million in cash, and a cheeky $214 million stake in Eightco, a company that’s so futuristic it makes Silicon Valley look like the Stone Age.
“We’re doing big things over here at Bitmine,” said Thomas Lee, Chairman of Bitmine, in a statement that probably had everyone in the room trying to play it cool, but let’s be real-they were probably high-fiving each other. “We’re leading the pack in crypto NAV per share and stock liquidity. So, yeah, we’re basically unstoppable right now.”
And who’s behind this crazy ride? Oh, just a few little-known investors like Cathie Wood’s ARK, Founders Fund, Pantera, Galaxy Digital, Kraken, plus some rich folks like Bill Miller III and Thomas Lee. No big deal. Bitmine has publicly stated their goal to gobble up 5% of all ETH in existence. So, there’s that. 😅
Oh, and did I mention that Bitmine’s stock is flying off the shelves? It’s now the 28th most traded stock in the U.S., with a whopping $2 billion in average daily volumes over the past five days. Forget Wall Street, this is where the cool kids are hanging out. With their stock surging and the largest ETH stash in the world, Bitmine is pretty much setting the stage for the next financial revolution. 💸
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2025-09-15 22:13