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📖 Day 1 · Quiz (Single Choic
Tom Lee: Bitmine has achieved unrealized gains of 940 million USD in a single day through OCTO investment trading.
On September 9, Tom Lee, Chairman of the Board of BitMine, posted on social media that as part of BitMine's "Moon Landing Plan" strategy, Bitmine (BMNR) acquired 13.7 million shares of OCTO at a price of $1.46 per share, with a total investment of $20 million. As of the time of publication, Eightco Holdings (OCTO) has risen 4834.83% during the trading session, with a current stock price of $71.56, an increase of $70.1 in a single day. This means that Bitmine's 13.7 million shares of OCTO are currently worth $960 million, and it has unrealized gains of $940 million from this OCTO investment transaction. As of the time of publication, it has been only 6 hours since the relevant announcement was made. BlockBeats previously reported that Eightco Holdings announced this afternoon a $250 million private sale and received a $20 million strategic investment from BitMine to launch the world's first Worldcoin (WLD) treasury strategy. The company's closing price on the previous trading day (September 5) was only $1.45, with a market capitalization of just $4.4149 million.