Bitmine Immersion Technologies (BMNR), a publicly-listed company with a digital asset financing strategy focused on Ethereum and led by FundStrat's Tom Lee, said in a SEC filing on Monday its holdings exceeded 1.5 million ether (ETH), worth around $6.6 billion.
The latest purchase has led to only tracking Topping Miner Mara Holdings (MARA), the second largest public company crypto owner, and the original Treasury Play Strategy (MSTR), which owns $72 billion in Bitcoin.
BMNR was down 7% to $54 on Monday, in addition to ETH's continued pullback. It was less than a week that ether was nearly touched by $4,800 and within a record-breaking few dollars.
Other digital asset financing companies also traded lower, extending Friday's charge. Sharplink Gaming (SBET) focused on ETH was down 3%, while Solana-centric companies Defi Development (DFDV) and Upexi (UPXI) were down 9% and 6% respectively.
