Bitmine increased its holdings by 179,251 ETH last week, bringing its total holdings to 13.4 billion USD.

On October 6, according to official news, BitMine Immersion Technologies announced that its total holdings of encryption assets, cash, and 'super potential investments' reached $13.4 billion. As of 1:00 PM Eastern Time on October 5, the company's encryption asset holdings included: 2,830,151 ETH, 192 BTC, equity in Eightco Holdings (NASDAQ: ORBS) valued at $113 million ('super potential investments'), and $456 million in unrestricted cash. BitMine Chairman and Fundstrat Global Advisors Council member Tom Lee stated: 'In the past week, we met with numerous leaders in the encryption and blockchain industry at the Token2049 summit in Singapore. The team engaged in in-depth discussions with Ethereum core developers and key ecosystem builders, clearly sensing that the community is fully committed to pushing Wall Street and artificial intelligence to build the future on Ethereum. We firmly believe that the investment theme of the 'supercycle' remains centered on AI and the encryption field. With its high reliability and 100% operational stability, Ethereum is naturally the preferred platform.'