PANews reported on November 17th that, according to PR Newswire, Nasdaq-listed Ethereum treasury company BitMine Immersion Technologies announced that its total assets in crypto assets, cash, and "potential investments" have reached $11.8 billion. As of November 16th, the company's crypto asset holdings included 3,559,879 ETH, 192 BTC, $37 million worth of Eightco Holdings equity, and $607 million in unburdened cash. This means that BitMine increased its holdings by 54,156 ETH and its unburdened cash by $209 million last week, but due to the decline in ETH prices, its total assets shrank by $1.4 billion compared to the previous week.PANews reported on November 17th that, according to PR Newswire, Nasdaq-listed Ethereum treasury company BitMine Immersion Technologies announced that its total assets in crypto assets, cash, and "potential investments" have reached $11.8 billion. As of November 16th, the company's crypto asset holdings included 3,559,879 ETH, 192 BTC, $37 million worth of Eightco Holdings equity, and $607 million in unburdened cash. This means that BitMine increased its holdings by 54,156 ETH and its unburdened cash by $209 million last week, but due to the decline in ETH prices, its total assets shrank by $1.4 billion compared to the previous week.
BitMine increased its holdings by 54,156 ETH last week, bringing its total holdings to nearly 3.56 million ETH.
PANews reported on November 17th that, according to PR Newswire, Nasdaq-listed Ethereum treasury company BitMine Immersion Technologies announced that its total assets in crypto assets, cash, and "potential investments" have reached $11.8 billion. As of November 16th, the company's crypto asset holdings included 3,559,879 ETH, 192 BTC, $37 million worth of Eightco Holdings equity, and $607 million in unburdened cash. This means that BitMine increased its holdings by 54,156 ETH and its unburdened cash by $209 million last week, but due to the decline in ETH prices, its total assets shrank by $1.4 billion compared to the previous week.
Market Opportunity
Ethereum Price(ETH)
$3,304.15
$3,304.15$3,304.15
USD
Ethereum (ETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Nexus Traps Tightening Nationwide
Digital marketplaces and remote services have transformed how technology businesses operate across borders, but they’ve also intensified sales tax compliance challenges
Share
Techbullion2026/01/16 13:41
Bitcoin Price Rallies in January as ETF inflows signal demand shift
The post Bitcoin Price Rallies in January as ETF inflows signal demand shift appeared on BitcoinEthereumNews.com. Bitcoin’s price climbed back above $97,000 this
Share
BitcoinEthereumNews2026/01/16 13:07
Bank of Canada cuts rate to 2.5% as tariffs and weak hiring hit economy
The Bank of Canada lowered its overnight rate to 2.5% on Wednesday, responding to mounting economic damage from US tariffs and a slowdown in hiring. The quarter-point cut was the first since March and met predictions from markets and economists. Governor Tiff Macklem, speaking in Ottawa, said the decision was unanimous. “With a weaker economy […]
Share
Cryptopolitan2025/09/17 23:09