BitMine increased its Ethereum holdings by 102,259 coins last week, and Tom Lee believes the market has started to recover.

BlockBeats News, December 15th, According to official sources, BitMine announced today that its holdings of cryptocurrency, cash, and "potential investment" assets have a total value of 13.2 billion U.S. dollars. As of 6:00 p.m. Eastern Time on December 14th, the company's cryptocurrency holdings include:

· 3,967,210 Ethereum

· 193 Bitcoin

· $38 million worth of Eightco Holdings (NASDAQ: ORBS) equity

· Cash totaling $1 billion.

"BitMine continues to steadily increase its Ethereum holdings, adding 102,259 coins in the past week. Cryptocurrency prices have stabilized in the past week, further proving that the market has recovered from the price shock on October 10th," said BitMine Chairman and Fundstrat analyst Thomas "Tom" Lee. "The digital asset space in 2025 is seeing several positive developments, including favorable legislation passed by the U.S. Congress, improvements in the regulatory environment, and increased 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 towards our '5% Alchemy' goal."