According to PRNewswire, Ethereum treasury company Bitmine Immersion Technologies disclosed that it increased its holdings by 126,971 ETH last week. The company’s current crypto asset portfolio includes 5,543,872 ETH, 204 BTC, equity in Eightco Holdings worth $88 million, and shares in Beast Industries worth $180 million. Additionally, the company has staked a total of 4,718,677 ETH (equivalent to $7.7 billion at $1,630 per ETH).
Bitmine Adds 126,971 ETH to Holdings, Total ETH Exceeds 5.54 Million
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Last week, Bitmine added 126,971 ETH to its holdings, bringing its total ETH to 5,543,872. The company also holds 204 BTC, an $88 million stake in Eightco Holdings, and a $180 million stake in Beast Industries. With 4,718,677 ETH staked, its value amounts to $7.7 billion at an ETH price of $1,630. ETH analysis indicates sustained institutional interest in the asset.
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