BitMine increased its holdings by over 202,000 ETH last week, with total assets reaching 12.9 billion USD

ChainCatcher news, according to PR Newswire, BitMine Immersion Technologies (NYSE AMERICAN: BMNR) announced today that its Ethereum (ETH) holdings have reached 3.032 million coins, valued at approximately $12.6 billion at current prices, accounting for 2.5% of the total Ethereum supply. The company's total assets, including cryptocurrencies, cash, and other investments, amount to $12.9 billion.

BitMine Chairman Thomas "Tom" Lee stated that the company recently took advantage of the market adjustment to increase its holdings by 202,000 ETH and is gradually moving towards its "5% alchemy" goal.