BitMine Immersion (BMNR) Technologies announced crypto + cash holdings exceeding $9.21B. As of September 7th at 8:30pm ET, the Company’s crypto holdings are comprised of 2,069,443 ETH at $4,312 per ETH, 192 Bitcoin and unencumbered cash of $266 million. “BitMine has surpassed the 2 million ETH milestone this past week. As we mentioned in our August Chairman’s message, the convergence of both Wall Street moving onto the blockchain and AI/ agentic-AI creating a token economy is creating a supercycle for ethereum. And the power law benefits large holders of ETH, hence, we pursue the ‘alchemy of 5%’ of ETH,” said Thomas “Tom” Lee of Fundstrat, Chairman of BitMine. “At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock.”
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