BlockBeats News, November 17, BitMine Immersion Technologies announced that its total holdings of crypto assets + cash + “strategic investments” have reached $11.8 billion.
As of 7:30 PM Eastern Time on November 16, the company’s crypto asset holdings include 3,559,879 ETH, 192 BTC, equity in Eightco Holdings worth $37 million, and $607 million in unleveraged cash.
BitMine increased its ETH holdings by 54,156 ETH last week and added $209 million in unleveraged cash. However, due to the decline in ETH, the total asset size shrank by $1.4 billion compared to the previous week. (The size was $13.2 billion two weeks ago)
