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Reading: BitMine increased its Ethereum holdings by 102,259 coins last week, and Tom Lee believes the market has started to recover. – Lookonchain – Looking for smartmoney onchain
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Ethereum

BitMine increased its Ethereum holdings by 102,259 coins last week, and Tom Lee believes the market has started to recover. – Lookonchain – Looking for smartmoney onchain

Last updated: December 15, 2025 7:50 pm
Published: 5 months ago
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December 15 — BitMine announced today that its combined holdings of cryptocurrency, cash, and “potential investment” assets total $13.2 billion, per official sources. As of 6:00 PM Eastern Time on December 14, the company’s holdings include: – 3,967,210 Ethereum (ETH) – 193 Bitcoin (BTC) – $38 million in equity of Eightco Holdings (NASDAQ: ORBS) – $1 billion in total cash BitMine Chairman and Fundstrat analyst Thomas “Tom” Lee noted: “BitMine continues to steadily build its Ethereum holdings, adding 102,259 coins over the past week. Crypto prices have stabilized in that period, further confirming the market has recovered from the October 10 price shock. “Several positive developments are unfolding in the 2025 digital asset space — including favorable U.S. congressional legislation, improved regulatory conditions, and growing Wall Street support. These factors reinforce our view that the crypto industry’s golden age remains ahead, which is why we’re continuing to increase our ETH holdings and advance toward our ‘5% Alchemy’ goal.”

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