All articles tagged with #crypto holdings
BitMine Immersion has become the world's largest Ethereum treasury and second-largest crypto treasury overall, with holdings exceeding $8.8 billion, supported by major institutional investors, and trading an average of $2.8 billion daily, reflecting significant growth and market influence.
BitMine Immersion has become the world's largest ETH treasury with over $6.6 billion in crypto holdings, including 1.52 million ETH, supported by prominent institutional investors. The company's stock is highly liquid, trading an average of $6.4 billion daily, and aims to acquire 5% of ETH, positioning itself as a major player in the crypto and financial markets.
The U.S. Bankruptcy Court for the District of Delaware has granted permission to FTX, a bankrupt crypto exchange, to sell and invest its crypto holdings, including Bitcoin (BTC) and Solana (SOL), to repay its creditors. The judge overruled objections and approved the motion, allowing FTX to sell, stake, and hedge its crypto assets, which are valued at over $3.4 billion. FTX argued that these activities would limit downside risk and generate returns for the benefit of the estates and creditors. The exchange also requested to hire Mike Novogratz from Galaxy Digital as an advisor.