Bitmine increased its ETH holdings by 179,251 coins last week, bringing its total position to $13.4 billion.

BlockBeats News, October 6th, according to official sources, BitMine Immersion Technologies announced that its total holdings of cryptocurrency, cash, and "super potential investments" have reached 13.4 billion USD.

As of 1:00 PM EST on October 5th, the company's cryptocurrency holdings include: 2,830,151 ETH, 192 BTC, equity in Eightco Holdings (NASDAQ: ORBS) worth 113 million USD ("super potential investment"), and 456 million USD in unrestricted cash.

Tom Lee, Chairman of BitMine and member of the Fundstrat Global Advisory Council, stated: "Over the past week, we have met with many leaders in the cryptocurrency and blockchain industry at the Token2049 summit in Singapore. The team had in-depth discussions with Ethereum core developers and key ecosystem builders, and clearly felt the community's full commitment to driving Wall Street and artificial intelligence to build the future on Ethereum. We firmly believe that the 'supercycle' investment theme is still AI and the cryptocurrency field. With its high reliability and 100% operational stability, Ethereum is naturally the preferred platform."