BitMine increased its ETH holdings by 69,822 last week, now owning 3% of the total supply.

BlockBeats News, November 24th, according to official sources, BitMine Immersion Technologies announced that its total holdings in cryptocurrency, cash, and "venture investments" have reached 11.2 billion US dollars.

As of 7:30 PM Eastern Time on November 23rd, the company's cryptocurrency holdings include 3,629,701 ETH, 192 BTC, equity in Eightco Holdings worth 38 million US dollars, and 800 million US dollars in unlevered cash.

"BitMine now holds 3% of the total Ethereum network supply. In the past week, we have increased our ETH holdings by 69,822 coins," said BitMine Chairman Thomas "Tom" Lee. "The 'US-manufactured Validator Network' to be launched in early 2026 will be a benchmark solution providing secure staking infrastructure."