BitMine increased its ETH holdings by 110,301 coins last week, bringing its total holdings to over 3.5 million ETH.

BlockBeats News, November 10th, according to official sources, BitMine Immersion Technologies announced today that its total holdings of cryptocurrency + cash + "venture investments" have reached $13.2 billion. As of 8:00 PM EST on November 9th, the company's cryptocurrency holdings include 3,505,723 ETH, 192 BTC, $61 million worth of Eightco Holdings equity, and $398 million in unlevered cash.

BitMine's Chairman and Director of Fundstrat Global Advisors, Thomas "Tom" Lee, stated: "The recent ETH price pullback has created a good opportunity, and we have accelerated our accumulation this week. In the past week, we have purchased 110,288 ETH, a 34% increase compared to the previous week. With this, we now hold 3.5 million ETH, accounting for 2.9% of its total supply, approaching our '5% Alchemy' target. At the same time, our cash reserves have increased from $3.89 billion to $3.98 billion."