BlockBeats News, January 12 — According to official sources, BitMine announced today that the total value of its crypto assets, cash holdings, and investments in “potential projects” has reached $14 billion. As of 7 p.m. Eastern Time on January 11, the company’s crypto assets include:
· 4,167,768 ETH
· 193 BTC
· An investment of $23 million in “potential projects” for Eightco Holdings (Nasdaq: ORBS)
· And $988 million in cash.
BitMine’s holdings of Ethereum account for 3.45% of the current total supply of Ethereum (1.207 billion).
Thomas “Tom” Lee, Chairman of BitMine and an analyst at Fundstrat, stated: “2026 signals many positive trends for the crypto space. The adoption of stablecoins and asset tokenization is driving blockchain to become the settlement layer on Wall Street, with Ethereum especially benefiting. 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 stronger growth expected in 2027-2028.” He added: “Over the past week, we increased our Ethereum holdings by 24,266 ETH, 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.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Blockchain Apps Have Failed to Win Over the Masses, Ethereum Builders Admit
In brief
ETH Denver founder John Paller says Web3 has been “epically bad” at building usable consumer products.
Aztec Network Zac Williamson argues crypto must beat Web2 on experience, not ideology.
Both say adoption will stall unless blockchain becomes invisible to users.
Crypto built t
Decrypt48m ago
OpenAI Launches "EVMbench": Testing AI's Ability to "Ensure Smart Contract Security"
OpenAI launches testing framework "EVMbench," aimed at evaluating AI's understanding and repair capabilities of cryptocurrency smart contract vulnerabilities. The framework focuses on Ethereum and EVM-compatible chains, emphasizing smart contract security to address the high risks in the DeFi sector. Using actual vulnerability data, EVMbench assesses AI's ability to identify vulnerabilities, reproduce attacks, and fix issues, with the goal of establishing a quantifiable blockchain security evaluation standard.
区块客2h ago
Data: If ETH breaks through $2,046, the total liquidation strength of long positions on mainstream CEXs will reach $845 million.
ChainCatcher reports that, according to Coinglass data, if ETH breaks above $2,046, the total liquidation strength of long positions on major CEXs will reach $845 million. Conversely, if ETH drops below $1,868, the total liquidation strength of short positions on major CEXs will reach $333 million.
GateNewsBot2h ago
"Maqi" Ethereum long position loss narrows to $79,000
"Brother Maqi" Huang Licheng's Ethereum long position's unrealized loss has been reduced from nearly $300,000 to $79,000, while his newly added small Bitcoin and HYPE long positions are also in unrealized loss. His holdings include: 25x long ETH, 40x long BTC, and 10x long HYPE.
GateNewsBot4h ago
