BitMine increased its holdings by 102,259 ETH last week, bringing the total to over 3.967 million ETH.

ChainCatcher news, according to PR Newswire, BitMine announced today that the total value of its cryptocurrency holdings, cash, and "potential investment" assets has reached $13.2 billions. As of 6:00 PM Eastern Time on December 14, the company's cryptocurrency holdings include: 3,967,210 Ethereum, 193 Bitcoin, $38 million worth of Eightco Holdings (NASDAQ: ORBS) equity, and a total of $1 billion in cash.

BitMine continues to steadily increase its Ethereum holdings, adding 102,259 in the past week. Cryptocurrency prices have stabilized over the past week, further demonstrating that the market has begun to recover from the price shock on October 10.

BitMine Chairman and Fundstrat analyst Thomas 'Tom' Lee stated that 2025 will see multiple positive developments in the digital asset sector, including favorable legislation passed by the US Congress, an improved regulatory environment, and stronger support from Wall Street. These factors reinforce our belief that the golden age of the crypto industry is still ahead, which is why we continue to increase our Ethereum holdings and move toward the "5% alchemy" goal.