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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
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Details: https://www.gate.com/announcements/article/47889Your First Words Matter!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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BitMine increased its holdings by 24,266 ETH last week, Tom Lee predicts 2026 will be the year of the crypto revival.
On January 12, according to official sources, BitMine announced that the total value of its crypto assets, cash holdings, and investments in “potential projects” has reached $14 billion. As of 7:00 PM Eastern Time on January 11, the company’s crypto assets include: · 4,167,768 Ethereum · 193 Bitcoin · $23 million worth of “potential project” investments in Eightco Holdings (NASDAQ: ORBS) · and $988 million in cash. BitMine’s Ethereum holdings account for 3.45% of the current total Ethereum supply (1.207 billion). Thomas “Tom” Lee, Chairman of BitMine and analyst at Fundstrat, stated: “2026 signals many positive trends for the crypto space, with stablecoin adoption and asset tokenization driving blockchain to become Wall Street’s settlement layer, especially benefiting Ethereum. We still view the leverage reset after October 10, 2025, as a ‘mini crypto winter.’ 2026 will be the year of crypto price recovery, with 2027-2028 expected to see stronger growth.” He added: “Over the past week, we increased our Ethereum holdings by 24,266 coins, while our cash position grew by $73 million. BitMine selectively issues shares at prices above adjusted net asset value, and we remain the world’s largest buyer of Ethereum ‘new funds.’ When MAVAN launches commercial operations, we will become the largest staking service provider in the entire crypto ecosystem.”