BitMine: The held ETH and ETH equivalents have surpassed 1 billion dollars.

According to Foresight News, BitMine announced that its holdings of ETH and ETH equivalents have exceeded 1 billion dollars. The company completed a $250 million initial private sale on July 8 to further advance its light asset funding strategy. As of 3:45 AM Eastern Time on July 17, the company holds a total of 300,657 ETH, with a price of $3,461.89 per coin.

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