BitMine accumulated 24,266 ETH last week, Tom Lee predicts 2026 will be the year of crypto price recovery

BlockBeats2026/01/12 13:35

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BlockBeats News, January 12, according to official sources, BitMine announced today that the total value of its crypto assets, cash holdings, and "potential project" investments has reached $14 billion. As of 7:00 PM Eastern Time on January 11, the company's crypto assets include:

· 4,167,768 Ethereum

· 193 Bitcoin

· An investment of $23 million in Eightco Holdings (NASDAQ: ORBS) as a "potential project"

· And $988 million in cash.

The amount of Ethereum held by Bitmine accounts for 3.45% of the current total Ethereum supply (120.7 million).

Bitmine Chairman and Fundstrat analyst Thomas "Tom" Lee stated: "2026 signals many positive trends for the crypto sector. The adoption of stablecoins and asset tokenization is driving blockchain to become Wall Street’s settlement layer, with Ethereum especially benefiting. We still view the leverage reset after October 10, 2025, as a 'mini crypto winter.' 2026 will be a year of crypto price recovery, with even stronger growth expected in 2027-2028." He added: "Over the past week, we increased our holdings by 24,266 Ethereum, while our cash position grew by $73 million. Bitmine only selectively issues shares at prices above adjusted net asset value, and we remain the world’s largest 'new money' buyer of Ethereum. When MAVAN begins commercial operations, we will become the largest staking service provider in the entire crypto ecosystem."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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(1) Japanese Prime Minister Sanae Takaichi stated that enhancing Japan’s global economic competitiveness will ultimately boost market confidence in the yen. (2) She defended her fiscal policies in response to concerns that the planned tax cuts might weaken support for the yen. (3) During a parliamentary session, she said: "Regarding our proactive and responsible fiscal policy, we believe that enhancing Japan’s global economic competitiveness will ultimately help maintain market confidence in the yen. This means we are taking a consistent policy approach."

智通财经•2026/10/09 05:06