BMNR, the Largest Ethereum Holder, Has a Current Cost Basis of $3,755, Only About 1.5% Higher Than the Current Market Price

According to Jinse Finance, data disclosed by BitmineImmersion (BMNR), the largest Ethereum holding institution, shows that its current total BTC holdings have reached 192 coins, and total ETH holdings are approximately 625,000 coins. The company has recently increased its ETH holdings by 58,224 coins, with an average purchase cost of about $3,755 per ETH. According to market data, the current price of ETH is $3,810, which means BMNR’s purchase cost is only about 1.46% higher than the current market price.