Bitmine immersion technology (BMNR)Bitcoin’s miner became an ether (Eth) Treasure under the leadership of Tom Lee de Fundstrat, said he added approximately $ 2 billion tokens during the past week, leading to total holdings to almost $ 5 billion.
Bitmine’s Stash Eth exceeded 1.15 million tokens starting Sunday night, compared to 833,137 the previous week.
BMNR shares increased more than 10% prior to the market to $ 57, which extended due to the progress of almost 25% on Friday.
The firm added that its shares have become one of the most negotiated in the US market with an average of $ 2.2 billion in daily negotiation volume last week. That occupies the 25th position of BMNR among the companies that are traded in the United States, overcoming the JPMorgan Bank giant (JPM) and chips manufacturer micron technology (MU).
“We are leading the Crypto Treasury Companions [net asset value] By action and by the high commercial liquidity of our actions, “said President Tom Lee.
Bitmine pursues a strategy to accumulate tokens eth and stake for performance, competing with rivals like Sharplink Gaming (Sbet) and others. The company finally aims to acquire 5% of the supply The Total, valued at more than $ 25 billion at current market prices.
The purchasing frenzy of digital assets treasury companies helped ETH recovered new maximum cycles, exceeding $ 4,300 over the weekend.
