BitMine increased its holdings of 17400 ETH last week, with a total position of over 6 million ETH

Last week, BitMine increased its holdings by 17362 ETH, bringing its total holdings to 6.001302 million ETH. BitMine holds a total asset value of approximately $17.2 billion, including $672 million in cash and securities, 213 bitcoins, $180 million in Beast Industries equity, and $115 million in Eightco Holdings investment. It has pledged 5.067309 million ETH worth approximately $13.7 million. Tom Lee stated that ETH outperformed the S&P 500 by over 6728 basis points in the third quarter, and the cryptocurrency bull market began in late June. It is expected that institutions will significantly increase their holdings in the last few months of 2026.