BitMine announced that its total holdings of cryptocurrency assets reached 13.4 billion dollars

ChainCatcher news, BitMine Immersion Technologies announced that its total holdings of crypto assets, cash, and "super potential investments" have reached $13.4 billion. As of 1:00 PM Eastern Time on October 5, the company's crypto asset holdings include: 2,830,151 ETH, 192 BTC, $113 million worth of Eightco Holdings (NASDAQ: ORBS) equity ("super potential investments"), and $456 million in unrestricted cash.

Tom Lee, Chairman of BitMine and member of the Fundstrat Global Advisory Board, stated: "In the past week, we met with many leaders in the crypto and blockchain industry at the Token2049 summit in Singapore. The team had in-depth discussions with Ethereum core developers and key ecosystem builders, and we clearly felt that the community is fully committed to driving Wall Street and AI to build the future on Ethereum. We firmly believe that the 'super cycle' investment theme remains in the AI and crypto space. With its high reliability and 100% operational stability, Ethereum is naturally the preferred platform."