BlockBeats News, December 15 — According to official sources, BitMine announced today that the total value of its held cryptocurrencies, cash, and “potential investment” assets has reached $13.2 billion. As of 6:00 PM Eastern Time on December 14, the company’s cryptocurrency holdings include: · 3,967,210 ETH · 193 BTC · Equity worth $38 million in Eightco Holdings (NASDAQ: ORBS) · $1 billion in cash. “BitMine continues to steadily increase its Ethereum holdings, adding 102,259 ETH over the past week. Cryptocurrency prices have stabilized over the past week, further indicating that the market has begun to recover from the price shock on October 10,” said Thomas Tom Lee, Chairman of BitMine and Fundstrat analyst. “The digital asset sector is expected to see several positive developments in 2025, including the passage of favorable legislation by the U.S. Congress, improved regulatory environment, and increased support from Wall Street. These factors reinforce our belief: the golden age of the crypto industry is still ahead, which is also why we continue to increase our Ethereum holdings and work towards the ‘5% alchemy’ goal.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitmine gets promoted to the NYSE main board! Tom Lee: US stocks may have bottomed out, and sell pressure on Ether could ease
Bitmine has officially moved from the NYSE American board to the main board, marking an important milestone for the company. Despite the sharp decline in its share price, it has still increased the share repurchase plan amount to $4 billion. The company holds a large amount of Ethereum, and it expects that a rebound in the crypto market will help boost its assets and share price performance.
CryptoCity6m ago
NewsAlert: Trump Issues Iran Ultimatum – How BTC, ETH, And XRP is Reacting
Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk.
To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not
LiveBTCNews11m ago
Giant whales holding assets worth over $100 million are increasing their positions in BTC and taking short positions in ETH, with a cumulative loss of over $66.19 million
According to OnchainLens monitoring, on April 14, a whale that opened a short position of 255 BTC increased its BTC and ETH short positions. Its current unrealized loss is over $4 million, its cumulative loss is over $66.19 million, and the value of the BTC and ETH it holds is $76.70 million and $24.40 million, respectively.
GateNews20m ago
Trader 0x3386 Faces Multiple Liquidations in Hours, Continues High-Leverage ETH Short Position
Gate News message, According to Lookonchain, trader 0x3386 experienced 8 liquidations within several hours. The account currently holds only $10.6K remaining. The trader maintains a high-leverage short position on $ETH with a new liquidation price at $2,399.37. Previously, the trader opened a 25x sh
GateNews1h ago
Trader Loses $618.5K Through Poor ETH Sale and Oil Long Position Timing
Gate News message, a trader with address 0x18b0 incurred significant losses through two consecutive trading decisions. The trader sold 499.9 ETH for $1.1M at $2,197 before ETH price increased, resulting in a loss of $82.5K. Subsequently, the trader opened a long position on oil immediately before it
GateNews1h ago
