Bitmine Boosts Ether Treasury by $150M, Invests $80M in Eightco, NYSE Uplist
Bitmine added $150 million in Ethereum this week, raising its total Ether holdings to nearly $10 billion and nearly 4% of circulating tokens. The company also led an $80 million funding commitment into Eightco’s AI and crypto treasury strategy and will uplist its shares to the NYSE on April 9.
1. Major Ethereum Purchase
Bitmine purchased $150 million of Ethereum in the past week, increasing its Ether treasury to nearly $10 billion in value and representing almost 4% of the total circulating token supply.
2. Eightco Investment Commitment
The company led an $80 million investment in Eightco Holdings’ hybrid AI and crypto treasury play, contributing to a $130 million funding round aimed at expanding artificial intelligence, blockchain infrastructure and digital consumer platform initiatives.
3. NYSE Uplist Details
Bitmine will transfer its shares from NYSE American to the NYSE on April 9, a move expected to boost trading liquidity and broaden access among institutional investors.