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Home News Bitmine increased its ETH holdings by 60,999 coins last week and made an additional $80 million investment in Eightco (ORBS).

Bitmine increased its ETH holdings by 60,999 coins last week and made an additional $80 million investment in Eightco (ORBS).

Bitmine increased its ETH holdings by 60,999 coins last week and made an additional $80 million investment in Eightco (ORBS).

BlockBeats News, March 16, According to official sources, Bitmine today announced that its total holdings of encrypted assets plus cash under the “Lunar Plan” have reached a total value of 11.5 billion U.S. dollars. As of 7:00 p.m. Eastern Time on March 15, 2026, the company’s encrypted holdings include 4,595,562 ETH, 196 Bitcoins (BTC), a $200 million investment in Beast Industries, an $83 million investment in Eightco Holdings (Nasdaq code: ORBS), and a total of $1.2 billion in cash.

Bitmine’s ETH holdings account for 3.81% of the total ETH supply (120.7 million ETH).

Over the past week, Bitmine has also taken two strategic actions. Firstly, Bitmine increased its investment in the existing “Lunar Plan” company Eightco (stock code: ORBS) by an additional $80 million. ORBS acquired $50 million in equity from OpenAI and $25 million in equity from Beast Industries. Lee stated, “ORBS is now the only publicly listed stock in the world that allows investors direct exposure to OpenAI. The highly anticipated OpenAI IPO will take place in 2026, and investors can now gain direct exposure through ORBS. Additionally, we see significant synergy between the World Chain (Human Proof), leading AI platform (OpenAI), and global prominent content creator Mr. Beast. Eightco has invited Cathie Wood’s ARK to serve as a strategic advisor, further enhancing the attractiveness of ORBS.”

Secondly, Bitmine purchased 5,000 ETH from the Ethereum Foundation, allowing the EF to fund its core operations. Lee stated, “Bitmine acquired these ETH to demonstrate our support for the EF’s goals and operations, enabling the EF to raise funds without needing to sell its ETH on the public market.”

Lee pointed out, “In the past two weeks, Bitmine has slightly accelerated its ETH purchasing pace every week because our fundamental assessment is that ETH is in the final stage of the ‘mini cryptocurrency winter.’ Last week, we acquired 60,999 ETH, while the recent average weekly purchase amount has been between 45,000 and 50,000 coins.”

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