BitMine Immersion Technologies Inc (NYSE:BMNR) shares fell on Monday as the company announced its cryptocurrency holdings have reached 4.24 million Ethereum (CRYPTO: ETH) tokens, representing 3.52% of the total ETH supply.

$12.8 Billion in Total Holdings

BitMine announced on Monday that its crypto plus total cash holdings and “moonshots” now total $12.8 billion. As of Sunday the company’s holdings include 4,243,338 ETH valued at $2,839 per token on Coinbase, 193 Bitcoin, $200 million stake in Beast Industries, $19 million stake in Eightco Holdings Inc (NASDAQ:ORBS), and total cash of $682 million.

The company stated it is nearly 70% of the way to its “Alchemy of 5%” goal in just…

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