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Stock impact report

Tom Lee's Bitmine Immersion Adds 99,000 ETH Boosting Holdings to 4.07M ETH [Yahoo! Finance]

Eightco Holdings Inc. (ORBS) 
Company Research Source: Yahoo! Finance
The update was released on Monday as part of a broader announcement detailing the company's rapidly expanding crypto treasury and capital market footprint. As of December 21, Bitmine reports holdings of 4,066,062 ETH valued at approximately $2,991 per token, alongside 193 Bitcoin and $1.0 billion in cash. Including a $32 million equity stake in Eightco Holdings and other crypto assets classified as “moonshots,” the company's total crypto, cash, and opportunistic holdings reached $13.2 billion. Ethereum's circulating supply currently stands at roughly 120.7 million tokens, making Bitmine the world's largest ETH treasury holder. Bitmine's ETH accumulation has accelerated sharply in recent months. According to the company, it added 98,852 ETH in the past week alone, pushing total holdings beyond the 4 million ETH threshold just 5.5 months after initiating its strategy. Fundstrat Chairman Tom Lee said the pace of accumulation reflects Bitmine's role as a bridge between traditiona Show less Read more
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