BitMine Holds Over $9 Billion in Cryptocurrency and Cash

Publicly traded company BitMine recently revealed its substantial holdings of cryptocurrency and cash. As per Blockbeats, the firm reported assets totaling over $9 billion at 5 p.m. Eastern Time on August 27th. This includes a significant amount of Ethereum (ETH) with 1,792,690 ETH held, along with Bitcoin (BTC) holdings of 192 BTC and $775 million in cash. The company’s investment strategy demonstrates a substantial allocation to both digital assets and traditional financial instruments.