BitMine Immersion said its Ethereum treasury has grown to more than 833,000 tokens, valued at over $2.9 billion at prevailing prices. The position makes the company the largest known corporate holder of ETH, according to data cited in multiple market reports on Monday. Trading activity in BitMine Immersion’s stock has also accelerated. The shares now rank as the 42nd most-liquid listing in the United States, with average daily turnover of about $1.6 billion. Market observers estimate the miner accumulated more than 200,000 ETH during the past week as it bought into a price dip.
$BMNR Bitmine exceeds 833,000 $ETH worth $2.9B becoming the largest Ethereum Treasury on the planet. Bitmine is also now the 42nd most liquid US stock trading $1.6B in volume daily. https://t.co/FMvw5khyVY
[BLOOMBERG] BitMine Immersion #ETH Holdings Exceed 833,000 ETH, Valued at $2.9 Billion $BMNR $ETH
Tom Lee's BMNR now holds 830,000 ETH worth ~$3B according to Bloomberg Means they picked up over 200,000 ETH this past week buying the dip https://t.co/gJwY36q0qo