Bitmine Surpasses $11 Billion in Crypto and Cash Holdings

Bitmine Immersion Technologies (BMNR) has announced its total crypto and cash holdings have surpassed $11.1 billion.

The company's crypto holdings comprise 5,742,237 ETH at $1,800 per ETH, with a total value of approximately $10.4 billion, as well as 206 BTC and other assets totaling $71 million in Eightco (NASDAQ: ORBS) and $180 million in Beast Industries.

The company's cash and marketable securities stand at $527 million.

Bitmine owns 4.8% of the total ETH coin supply, with its holdings representing a significant portion of the global Ethereum treasury.