Tag

Crypto Holdings

All articles tagged with #crypto holdings

BitMine Immersion Leads with $8.82B ETH Treasury and $2.8B Daily Trading Volume

Originally Published 4 months ago — by PR Newswire

Featured image for BitMine Immersion Leads with $8.82B ETH Treasury and $2.8B Daily Trading Volume
Source: PR Newswire

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 Becomes World's Largest ETH Treasury Amid Market Fluctuations

Originally Published 4 months ago — by PR Newswire

Featured image for BitMine Immersion Becomes World's Largest ETH Treasury Amid Market Fluctuations
Source: PR Newswire

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.

FTX Bankruptcy Unveils $1.1 Billion Crypto Holdings, Threatening Market Prices

Originally Published 2 years ago — by CoinDesk

Featured image for FTX Bankruptcy Unveils $1.1 Billion Crypto Holdings, Threatening Market Prices
Source: CoinDesk

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.