Bitmine -the lowering technology (BMNR)Bitcoin -miner turned ether (Eth) Treasury under Fundstrat’s Tom Lee’s management, said it added approx. $ 2 billion tokens over the past week, bringing total holdings to nearly $ 5 billion.
Bitmins Eth Stash exceeded 1.15 million tokens from Sunday night, up from 833,137 the week before.
BMNR shares increased over 10% prior to $ 57 and extended Friday’s nearly 25% advance.
The company added that its stock has become one of the most traded in the US market on average $ 2.2 billion in the daily trading volume last week. It ranks BMNR 25. Among the US listed companies, Topping Bank Giant JPMorgan (JPM) and chipmaker micron technology (Mu).
“We’re leading Crypto Treasury -Tmates of both the speed of raising Crypto NAV [net asset value] per. share and of the high trade liquidity of our share, ”said President Tom Lee.
Bitmine is pursuing a strategy to accumulate Eth and Stake Tokens for a dividend competing with rivals like Sharplink Gaming (Sbet) And others. The company ultimately aims to acquire 5% of the total ETH supply, valued at over $ 25 billion at current market prices.
It bought madness from digital asset tax companies helped eth -Rally to new cycling heights peaking $ 4,300 over the weekend.
