BMNR Holdings exceeded $ 8.8b before the drop in cryptography



Bitmine immersion technologies (BMNR)The public ether (Eth) The treasure company led by Tom Lee de Fundstrat, continued its shopping spree by acquiring more than 190,500 tokens until last week, the firm reported Monday.

That brought Total Eth Holdings 1,713,899 tokens, with a value of approximately $ 7.9 billion at the current ETH prices. The firm also had $ 562 million in cash for additional acquisitions.

The company said that its crypto and combined effective reached $ 8.8 billion at the end of Sunday at a price of $ 4,800 ETH, above the $ 6.6 billion of the previous week. However, the falling of the night cryptomony market reduced the value of the stash when ETH fell below $ 4,600 for the morning hours of the USA.

BMNR shares were owners of 2.6% prior marketing, after joining 12% on Friday.

The high volume of negotiation of the action helped the company raise funds and increase ETH holdings at a fast pace, Lee said in a statement. BMNR reserved an average daily volume of $ 2.8 billion last week, classifying the 20th position among US actions that follow the Coinbase cryptographic exchange (COIN).

Bitmine earlier this month was presented to raise $ 20 billion more through shares of shares.

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