BitMine's crypto + cash holdings exceed $8.8 billion, with 1.71 million ETH tokens.
Crypto NAV per share increased to $39.84 from $22.84 in just a month.
Supported by institutional investors including ARK's Cathie Wood and Pantera, BitMine aims to acquire 5% of ETH.
Crypto Holdings Growth
Added $2.2 billion in a week, reaching $8.8 billion, including 190,500 additional tokens.
Top Ethereum Treasury
Ranked #1 ETH treasury globally, surpassing 1.7 million ETH holdings.
High Trading Liquidity
With $2.8 billion average daily trading volume, BitMine is the 20th most liquid US stock.
- BitMine's strategic moves in acquiring ETH solidify its position as a significant player in the cryptocurrency market.
- The surge in crypto NAV per share highlights the company's substantial growth and investor confidence.
- Institutional support and increased cash holdings showcase BitMine's strong financial position for future acquisitions.
BitMine's exceptional performance in growing its crypto holdings and trading liquidity positions it as a key player in the cryptocurrency market, paving the way for further expansion and strategic investments.