Bitmine increased its holdings by 71,524 ETH last week, Tom Lee reiterates the current "late bear" outlook

On April 13, Bitmine announced that its total holdings of cryptocurrencies, cash, and "moon landing plans" reached $11.8 billion. As of 3:30 PM Eastern Time on April 12, 2026, the company's cryptocurrency holdings include:

· 4,874,858 ETH
· 198 Bitcoin
· $200 million investment in Beast Industries
· $85 million investment in Eightco Holdings (NASDAQ: ORBS)
· And $719 million in cash.

Bitmine's ETH holdings account for 4.04% of the total ETH supply (120.7M ETH).

Bitmine Chairman Thomas "Tom" Lee said: "The Iran war has entered its seventh week, and this conflict remains the most important driver of the global markets. ETH has risen 17.4% since the war began, outperforming the S&P 500 index by 1,830 basis points, making it the best-performing asset. We believe ETH has outperformed gold, proving that ETH is a wartime store of value."

"Ethereum continues to benefit from two major tailwinds: Wall Street tokenizing on the blockchain, and the increasing demand for public neutral blockchains from proxy AI systems," Lee continued. "Over the past four weeks, Bitmine has maintained an accelerated pace of ETH purchases each week because our fundamental view is that ETH is in the final stage of a 'mini crypto winter.' Last week, we acquired 71,524 ETH, the highest purchase rate since the week of December 22, 2025," Lee said. #Gate13周年Dr.Han公开信