BlockBeats News, January 12 — According to official sources, BitMine announced today that the total value of its crypto assets, cash holdings, and investments in “potential projects” has reached $14 billion. As of 7 p.m. Eastern Time on January 11, the company’s crypto assets include:
· 4,167,768 ETH
· 193 BTC
· An investment of $23 million in “potential projects” for Eightco Holdings (Nasdaq: ORBS)
· And $988 million in cash.
BitMine’s holdings of Ethereum account for 3.45% of the current total supply of Ethereum (1.207 billion).
Thomas “Tom” Lee, Chairman of BitMine and an analyst at Fundstrat, stated: “2026 signals many positive trends for the crypto space. The adoption of stablecoins and asset tokenization is driving blockchain to become the settlement layer on Wall Street, with Ethereum especially benefiting. We still view the leverage reset after October 10, 2025, as a ‘mini crypto winter.’ 2026 will be the year of crypto price recovery, with stronger growth expected in 2027-2028.” He added: “Over the past week, we increased our Ethereum holdings by 24,266 ETH, while our cash position grew by $73 million. BitMine selectively issues shares at prices above adjusted net asset value, and we remain the world’s largest buyer of Ethereum ‘new funds.’ When MAVAN launches commercial operations, we will become the largest staking service provider in the entire crypto ecosystem.”
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
SUI Will Overtake Ethereum: Mysten Labs Co-Founder Makes Bold Call
A bold statement from Mysten Labs has pushed Sui back into the spotlight, especially as the conversation around scalability and real-world crypto payments continues to evolve. The claim centers on one idea. Future financial systems will demand fast and near-free transactions, and that
CaptainAltcoin1h ago
In the past 24 hours, liquidations across the entire network totaled $232 million, with long liquidations accounting for over 60%.
Gate News, April 9, according to CoinAnk data, the total liquidation amount across the entire network over the past 24 hours reached $232 million. Of that, long liquidations totaled about $144 million, accounting for more than 60%; short liquidations totaled about $88.17 million. From the distribution by asset, the liquidation amount for Bitcoin was about $68.95 million, and the liquidation amount for Ethereum was about $35.32 million.
GateNews4h ago
The Iran-U.S. ceasefire talks may be torn apart! Iran warns Israel: If it continues its relentless shelling of Lebanon, it will “fully withdraw from the ceasefire agreement.” Bitcoin immediately drops below $71,000.
Iran threatened to withdraw from the U.S. ceasefire agreement with Israel’s bombing of Lebanon and is preparing retaliation. As geopolitical tensions intensify, risk-averse sentiment has emerged in global markets, and the prices of Bitcoin and Ethereum have fallen sharply. The peace process between the United States and Iran faces a risk of breaking down.
動區BlockTempo4h ago
SUI Will Overtake Ethereum: Mysten Labs Co-Founder Makes Bold Call
A bold statement from Mysten Labs has pushed Sui back into the spotlight, especially as the conversation around scalability and real-world crypto payments continues to evolve. The claim centers on one idea. Future financial systems will demand fast and near-free transactions, and that
CaptainAltcoin4h ago
