Bitmine increased its holdings by 32,977 ETH last week, Tom Lee is optimistic about Ethereum's prospects before 2026

On January 5th, according to official sources, Bitmine announced that the total value of its held crypto assets, cash, and “potential project” investments has reached $14.2 billion. As of 9:00 PM Eastern Time on January 4th, the company’s crypto holdings include: · 4,143,502 ETH · 192 BTC · Equity investments in “potential projects” worth $25 million in Eightco Holdings (Nasdaq: ORBS) · and $915 million in cash. Bitmine’s ETH holdings account for 3.43% of the total ETH supply (1.207 billion). Thomas “Tom” Lee, Chairman of Bitmine and analyst at Fundstrat, stated: “We are optimistic about Ethereum’s prospects in 2026, thanks to multiple positive factors: increased support from the US government for the crypto industry, Wall Street embracing stablecoins and asset tokenization, the rising demand for identity verification and traceability proof in the AI era, and the accelerated adoption of crypto assets by younger generations. Additionally, the surge in commodity and precious metal prices in 2025 also indicates a bullish trend for crypto asset prices in 2026—cryptocurrencies often move in tandem with metal prices.” “In the last week of 2025, overall stock and crypto market activity slowed down, but we still increased our ETH holdings by 32,977 ETH within the week,” Lee further pointed out. “Our analysis shows that compared to other Ethereum digital asset reserve institutions, Bitmine is continuously accumulating ETH at a faster rate. We remain the world’s largest buyer of ETH ‘new funds’.”