Bitmine, a company listed on the New York Stock Exchange, increased its holdings of 15112 ETH worth approximately $41 million. Its ETH reserves reached 6016414 ETH worth approximately $1.64 million, accounting for 4.9% of the total ETH supply. Chairman Tom Lee stated that a cryptocurrency bull market is underway, with ETH outperforming the S&P 500 by 6832 basis points this quarter. Bitmine's total holdings, including cash, amount to $1.74 million, with 84% of ETH pledged. It is expected to generate an annualized revenue of approximately $363 million. (Source: Decrypt)