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Pantera invests $300 million in crypto treasury firms led by Tom Lee’s BitMine
In a recent development, it has been announced that Pantera Capital has invested over $300 million in Digital Asset Treasury (DAT) companies. This significant investment is expected to have a substantial impact on the digital asset landscape.
According to reports, the DAT portfolio of Pantera spans across various tokens, including Bitcoin, Ethereum, Solana, BNB, TON, Hyperliquid, Sui, and Ethena. The investments are spread across the United States, the United Kingdom, and Israel.
One of the key firms that caught our attention is BitMine Immersion (BMNR), which has reportedly become the largest Ethereum treasury and the third-largest crypto treasury company globally, holding an impressive 1.15 million ETH worth approximately $4.9 billion.
Source: cryptobriefing.com
