The post BMNR Holdings Topped $8.8B Before Crypto Price Plunge appeared on BitcoinEthereumNews.com. 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 Source: https://www.coindesk.com/business/2025/08/25/bitmine-s-eth-holdings-top-1-7m-tokens-with-usd562m-of-buying-power-remainingThe post BMNR Holdings Topped $8.8B Before Crypto Price Plunge appeared on BitcoinEthereumNews.com. 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 Source: https://www.coindesk.com/business/2025/08/25/bitmine-s-eth-holdings-top-1-7m-tokens-with-usd562m-of-buying-power-remaining

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more