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Bitmine Increases Holdings by 101,627 ETH, Setting Yearly Record for Weekly Accumulation

Bitmine Increases Holdings by 101,627 ETH, Setting Yearly Record for Weekly Accumulation

CointimeCointime2026/04/20 13:46

On April 20, according to official news, Bitmine Immersion Technologies, Inc. announced today that the total value of its cryptocurrency, cash, and "Moonshot Project" investment portfolio has reached $12.9 billion. As of April 19, 2026, at 4 PM Eastern Time, the company's crypto assets include: · 4,976,485 ETH · 199 Bitcoins · $200 million equity investment in Beast Industries · $107 million equity investment in Eightco Holdings (NASDAQ: ORBS) · and a total of $1.12 billion in cash. The amount of ETH held by Bitmine accounts for 4.12% of the total ETH supply (120.7 million). Tom Lee stated: "Bitmine has maintained a steady pace of increasing its ETH holdings every week for the past four weeks, as our benchmark assessment indicates that ETH is in the final stage of a 'mini crypto winter.' In the past week, we increased our holdings by 101,627 ETH, marking the fastest accumulation since the week of December 15, 2025."

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