Bitmine’s 5% Ether Goal Now Matches Its $482 Million Cash Pile
Bitmine Immersion Technologies, Inc. is about 264,962 Ether short of its goal of owning 5% of the token’s supply, a gap worth $482.2 million at the $1,820 price used in its latest holdings update. That is almost exactly the $482 million of cash and marketable securities it reported as of July 12.