BMNR Surges in Liquidity Rankings as Treasury Strategy Hits 833,000 ETH

Bitmine Immersion Technologies (Nasdaq: BMNR) has cemented its position as the largest ethereum treasury globally, with holdings surpassing 833,000 ETH valued at over $2.9 billion as of August 3.

This milestone puts Bitmine ahead of all other companies in ETH accumulation and 3rd overall in the corporate crypto treasury race, trailing only MicroStrategy and Marathon Digital (MARA).

Bitmine’s aggressive treasury strategy, launched on June 30 and finalized on July 8, has quickly reshaped the corporate crypto landscape. The company’s goal: acquire 5% of ETH’s total supply, signaling a bold commitment to ethereum as a core financial asset.

Thomas Lee of Fundstrat, Chairman of Bitmine’s Board of Directors, shed light on the company’s aggressive ETH strategy.

Bitmine moved with lightning speed in its pursuit of the ‘alchemy of 5%’ of ETH, growing our ETH holdings to over 833,000 from zero 35 days ago. We have separated ourselves among crypto treasury peers by both the velocity of raising crypto NAV per share and by the high liquidity of our stock.

Backing this strategy is an elite group of institutional investors, including Bill Miller III, legendary value investor and senior advisor to Miller Value Partners, alongside Cathie Wood’s ARK Invest, Founders Fund, Pantera, Kraken, DCG, and Galaxy Digital.

BMNR’s market presence has surged in tandem with its ETH accumulation. Fundstrat data shows the stock now trades an average of $1.6 billion daily, ranking 42nd among all U.S.-listed equities, just behind Uber, and placing it among the most liquid stocks in the market.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。