BitMine increased its holdings of 12500 ETH last week, bringing its total holdings to 6.0415 million ETH

BitMine increased its holdings of 12535 ETH last week, with a total holding of 6041481 ETH, accounting for 4.9% of the total supply. The company holds a total asset value of approximately $15.1 billion, including $582 million in cash and securities, 215 bitcoins, $180 million in Beast Industries equity, and $74 million in Eightco Holdings investment. We have pledged 5.067309 million ETH worth $12 billion, with an annualized return of $309 million. Chairman Tom Lee stated that the contraction of investors' risk appetite and global market deleveraging have created spillover pressure on cryptocurrency assets, but cryptocurrency assets benefit from the modernization of financial infrastructure and AI agents.