TechFlow, August 25 — According to Prnewswire, U.S.-listed company Bitmine (BMNR) announced today that the total value of its cryptocurrency and cash holdings has surpassed $8.82 billion.
Tom Lee, Chairman of BitMine, said: "Over the past week, BitMine increased its crypto assets and cash holdings by $2.2 billion to $8.8 billion (adding 190,500 ETH, increasing total holdings from 1.52 million to 1.71 million). This marks the second consecutive week we've raised funds at this pace from institutional investors, aiming to achieve our goal of holding 5% of the total ETH supply."
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