BlockBeats News, January 12, according to official sources, BitMine announced today that the total value of its cryptocurrency holdings, cash reserves, and "potential projects" investments has reached $14 billion. As of 7:00 p.m. Eastern Time on January 11, the company's cryptocurrency holdings include:
· 4,167,768 Ethereum
· 193 Bitcoin
· A "potential project" investment in Eightco Holdings (Nasdaq: ORBS) worth $23 million
· And $9.88 billion in cash.
The amount of Ethereum held by BitMine accounts for 3.45% of the current total Ethereum supply (120.7 million).
BitMine's Chairman and Fundstrat analyst, Thomas "Tom" Lee, stated: "2026 heralds many positive trends for the crypto sector, with stablecoin adoption and asset tokenization driving blockchain to become Wall Street's settlement layer, with Ethereum benefiting in particular. We still consider the leverage reset after October 10, 2025, as a 'mini crypto winter.' 2026 will be the year of crypto price recovery, with 2027-2028 seeing even stronger growth." He added, "In the past week, we have increased our Ethereum holdings by 24,266 coins, while our cash position has increased by $73 million. BitMine selectively issues shares at prices above the adjusted net asset value and remains the world's largest 'new money' buyer of Ethereum. When MAVAN launches its business operations, we will become the largest staking service provider in the entire crypto ecosystem."
