BitMine increased its holdings by 98,852 ETH last week, bringing its total holdings to over 4 million ETH.

BlockBeats News, December 22, according to official sources, BitMine announced today that its total cryptocurrency holdings + total cash + "potential investments" have reached $13.2 billions. As of 3:00 PM EST on December 21, the company’s cryptocurrency holdings include:

· 4,066,062 ETH

· 193 BTC

· An investment worth $32 millions in Eightco Holdings (NASDAQ: ORBS)

· $1 billions in cash

Thomas "Tom" Lee, Chairman of Bitmine and Fundstrat, stated: "Bitmine continues to steadily increase its ETH holdings, adding 98,852 ETH last week, and has now surpassed the 4 million ETH milestone. This is a huge achievement, accomplished in just 5.5 months. We are rapidly moving towards the '5% Alchemy' and have already seen the synergies brought by our massive ETH holdings. We are a key entity connecting Wall Street with the blockchain tokenization transformation. We have always maintained close cooperation with key entities driving the forefront of the DeFi community."

Bitmine’s ETH holdings account for 3.37% of the total ETH supply (120.7 millions ETH).