Bitmine’s Crypto Holdings Include Over 2.65 Million Ethereum
- Bitmine holds a total of more than $11.6 billion in crypto and cash.
- The company has disclosed ownership of approximately 2,650,900 ethereum (ETH).
- Each ETH is valued at $4,141 based on Bloomberg pricing.
- Bitmine also holds 192 Bitcoin as part of its assets.
As of September, Bitmine reported significant holdings in both cryptocurrency and cash, with over $11.6 billion combined value. The company’s substantial ownership of Ethereum highlights its strategic investment in the digital currency market.
With a valuation of each Ethereum token at $4,141, Bitmine’s holding exceeds $11 billion just from this asset alone, demonstrating their strong position in the market. (Source)
