BitMine Immersion Technologies (BMNR) has disclosed its total cryptocurrency and cash holdings amounting to $8.98 billion as of August 31st. The holdings include approximately 1.867 million ETH, valued at $4,458 per coin, 192 BTC, and $635 million in cash. This positions BitMine as the holder of the world's largest Ethereum vault and the second-largest overall crypto asset vault, following Strategy Inc. (MSTR). Institutional investors such as ARK, Founders Fund, and Pantera back BitMine. The company highlighted the potential impact of the GENIUS Act and SEC Project Crypto on Ethereum's long-term growth. Further details are available in their latest investor presentation and video on their website.
BitMine Reports $8.98 Billion in Crypto and Cash Holdings
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