BlockBeats News, December 22nd, according to official sources, BitMine announced today that its cryptocurrency holdings + total cash + “strategic investments” have reached $13.2 billion. As of 3:00 PM Eastern Time on December 21st, the company’s cryptocurrency holdings include:
· 4,066,062 ETH
· 193 BTC
· $32 million investment in Eightco Holdings (NASDAQ: ORBS)
· $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, crossing the 4 million ETH mark. This is a significant milestone achieved in just 5.5 months. We are quickly moving towards the ‘5% Alchemy’ and have already seen the synergies from our substantial ETH holdings. We are a key bridge between Wall Street and the blockchain tokenization transformation. We have maintained close collaborations with key entities driving the forefront of the DeFi community.”
BitMine’s ETH holdings represent 3.37% of the total ETH supply (120.7 million ETH).
