Bitmine increased its holdings by 32,977 ETH last week
According to official reports, Bitmine announced today that the total value of its crypto assets, cash holdings, and investments in “high-potential projects” has reached $14.2 billion. As of 9:00 p.m. Eastern Time on January 4, the company’s crypto holdings included: · 4,143,502 ETH· 192 BTC· A $25 million equity investment in a "high-potential project"—Eightco Holdings (Nasdaq, ticker: ORBS)· And $915 million in cash.Bitmine’s ETH holdings represent 3.43% of the total ETH supply (120.7 million). Thomas “Tom” Lee, Chairman of Bitmine and analyst at Fundstrat, stated:“We are bullish on Ethereum’s outlook for 2026, driven by multiple positive factors: increased U.S. government support for the crypto industry, Wall Street’s embrace of stablecoins and asset tokenization, surging demand for identity verification and proof of origin amid the growing complexity of the AI era, and accelerated adoption of crypto assets by younger generations.Furthermore, the surge in commodity and precious metal prices in 2025 also bodes well for the price trajectory of crypto assets in 2026—cryptocurrencies tend to move in tandem with metal prices.”“In the final week of 2025, overall stock market and crypto market activity slowed, but we still added 32,977 ETH to our holdings during the week,” Lee further noted. “Our analysis shows that compared to other digital asset reserve institutions Ethereum, Bitmine is continuously accumulating ETH at a faster pace.We remain the world’s largest buyer of new ETH.”
Source:富途快讯 · Source Link
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