BlockBeats News, December 22nd, according to official sources, BitMine announced today that its cryptocurrency holdings + total cash + "strategic investments" total $13.2 billion. As of 3:00 PM ET on December 21st, the company's cryptocurrency holdings include:
· 4,066,062 ETH
· 193 BTC
· Investment in Eightco Holdings (NASDAQ: ORBS) worth $32 million
· $1 billion cash
BitMine's Chairman and Fundstrat's Thomas "Tom" Lee stated: "BitMine continues to steadily increase its ETH holdings, adding 98,852 ETH last week alone, surpassing the milestone of 4 million ETH. This is a significant achievement reached in just 5.5 months. We are rapidly moving towards the '5% Alchemy' and have already seen the synergistic effects of our massive ETH holdings. We are a key entity bridging Wall Street and the blockchain tokenization transformation. We have maintained close cooperation with key entities driving the frontier development of the DeFi community."
Currently, BitMine's ETH holdings represent 3.37% of the total ETH supply (120.7 million ETH).
