BitMine increased its holdings by approximately 138,400 ETH last week, with total holdings exceeding 3.86 million ETH.
According to Jinse Finance, as of December 7th, Eastern Time, BitMine's cryptocurrency holdings include: 3,864,951 ETH (an increase of 138,452 ETH compared to last week), valued at approximately $13.2 billions at current prices; 193 BTC; $36 millions in shares of a certain exchange; and $1 billions in unsecured cash.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Big short Burry increases short positions on Micron and Nebius, with the logic that "memory supply surge will put downward pressure on prices"
Michael Burry has dramatically increased his short positions on Micron, Palantir, and semiconductor ETFs, stating that the scale is “quite large.” His main reasoning is that Samsung, SK Hynix, and Micron squeezed their conventional DRAM production to meet AI-driven HBM demand, resulting in a shortage; however, with production capacity now ramping up, the Damocles sword of oversupply is hanging over the market. The inventory warning from Acer’s CEO has further convinced him that the memory cycle has already peaked.
Colorpak Indonesia announces extraordinary shareholder meeting
Crypto prices
More
