BitMine Holds 6.07M ETH, 4.97% of Total Supply

Cointime update: BitMine Immersion Technologies (NYSE: BMNR) reported holding 6,070,092 ETH, worth about $13.56 billion at $2,234 per token, as of 14:00 ET on November 8. The ETH position equals 4.97% of the 122.2 million total supply, putting the company at 99% of its “5% alchemy” goal. BitMine also holds 216 BTC, $180 million of Beast Industries equity, $75 million of Eightco (NASDAQ: ORBS) shares and $475 million in cash and securities, for about $14.3 billion in total, and has staked 5,227,037 ETH (86% of its holdings).