Tom Lee's BitMine says cryptocurrency and cash holdings have exceeded $9.2 billion as Ethereum reserves rise to 2.1 million ETH
Source: CoinWorld
Time: 2025-09-08 23:09:10
BitMine Immersion (BMNR) reported that its cryptocurrency and cash reserves surged to over $9.2 billion, with 2.069 million ETHs increasing, making it the world's largest corporate ETH reserve. The company increased its holdings of more than 319,000 ETH in August, worth about $1.4 billion, bringing its ETH holdings to $8.9 billion. The Block tracks the ETH reserves of listed companies currently have a total of 2.78 million ETHs worth nearly $12 billion. BitMine also announced a $20 million investment in Eightco Holdings to support its acquisition of Worldcoin’s WLD token, citing the token that is closely related to artificial intelligence. The company aims to control 5% of its ETH supply in the long term. BMNR shares rose 3% after the news was disclosed.