2d ago
BitMine reports $14.9 billion in crypto and “moonshots” holdings as of August 24, 2026
BitMine released a holdings update as of August 24, 2026, putting the total value of its crypto assets and “moonshots” at $14.9 billion. The company said it holds 5,847,611 ETH valued at $2,440 per ETH, based on Coinbase pricing. It also reported 210 Bitcoin (BTC), a $180 million stake in Beast Industries, and an $89 million stake in Eightco Holdings (NASDAQ:$ORBS). BitMine reported total cash and marketable securities of $308 million, and said its tickers are $BMNR (common equity) and $BMNP (perpetual preferred), with Tom Lee as chairman.
ETH
ETH-1.12%
2d ago
8-22
Bitcoin pulls back to $77,000 as $477M in crypto long positions are liquidated in one hour
Crypto markets saw large-scale liquidations of long positions totaling $477M over the past hour. After a near +30% rally over five trading days that lifted Bitcoin to $79,500, the price reversed sharply and retreated to around $77,000. The pullback drove total crypto liquidations to $547M, with Bitcoin-linked contracts accounting for the bulk. Bitcoin had been at its most overbought level since November 2024 before the reversal.
BTC
BTC-1.67%
8-22