BitMine Increases ETH Holdings to Over 4.28 Million

According to the latest report dated February 1 (US Eastern Time), BitMine's total holdings of cryptocurrency, cash, and its 'Moonshot Program' assets have reached $10.7 billion.

Data indicates that BitMine currently holds 4.285 million ETH, an increase of 41,787 ETH from the previous week. This holding accounts for 3.55% of the total Ethereum supply (120.7 million ETH).

Details of Other Asset Allocations

  • BitMine also holds 193 BTC.
  • It owns $200 million worth of shares in Beast Industries.
  • Additionally, the company holds $20 million in shares of Eightco Holdings (NASDAQ: ORBS).
  • BitMine also has $586 million in unsecured cash, providing greater financial flexibility.