BitMine Immersion Technologies (BMNR), the public ether (ETH) treasury company led by Fundstrat's Tom Lee, continued its buying spree acquiring over 190,500 tokens through last week, the firm reported on Monday.

That brought total ETH holdings 1,713,899 tokens, worth roughly $7.9 billion at current ETH prices. The firm also held $562 million in cash for further acquisitions.

The company said its crypto and cash holdings combined hit $8.8 billion as of late Sunday at a $4,800 ETH price, up from the previous week's $6.6 billion. However, the overnight crypto market plunge brought the stash's value down as ETH fell below $4,600 by U.S. morning hours.

BMNR stock was own 2.6% premarket, after rallying 12% on Friday.

The stock's high trading volume helped the company to raise funds and increase ETH holdings at a fast pace, Lee said in a statement. BMNR booked a $2.8 billion average daily volume last week, ranking 20th among U.S. stocks trailing crypto exchange Coinbase (COIN).

BitMine earlier this month filed to raise $20 billion more through stock sales.

Read more: Bitcoin Reverses Powell Spike With a Flash Crash as Options Market Signals Jitters Ahead

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。