BitMine increased its holdings by 98,852 ETH last week, with total holdings surpassing 4 million coins

According to PR Newswire, BitMine announced today that its total cryptocurrency holdings + total cash + "potential investments" amount to $13.2 billion. As of 3 PM EST on December 21, the company's cryptocurrency holdings include:

• 4,066,062 ETH
• 193 BTC
• An investment of $32 million in Eightco Holdings (NASDAQ: ORBS)
• $1 billion in cash.

Thomas "Tom" Lee, Chairman of Bitmine and Fundstrat, stated: "Bitmine continues to steadily increase its ETH holdings, adding 98,852 ETH last week, now surpassing the 4 million ETH milestone. This is a significant milestone achieved in just 5.5 months. We are rapidly moving towards '5% alchemy' and have already seen the synergies brought by our large ETH holdings. We are a key entity connecting Wall Street with the blockchain tokenization transformation. We have been closely collaborating with key entities driving the forefront of the DeFi community."

Currently, Bitmine's ETH holdings account for 3.37% of the total ETH supply (120.7 million ETH).