Bitmine Buys $140M Ether, Diversifies with Eightco
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Bitmine Immersion Technologies, a leading firm in ether treasuries, recently acquired nearly sixty-one thousand ether, their largest purchase this year. This move increased their total ether holdings to over four million, five hundred ninety-five thousand tokens, worth more than ten billion dollars. The company also boosted its stake in Eightco, a treasury firm focused on Worldcoin, indicating diversification beyond ether. Despite unrealized losses of around six point five billion dollars due to the recent market dip, Bitmines stock surged nine percent in pre-market trading as crypto prices rebounded.
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