Tom Lee-led BitMine Purchases Additional Ethereum Worth 123.4 Billion Yen

BitMine Immersion Technologies, listed on the US NASDAQ, announced on the 6th that their total holdings, including cryptocurrencies and cash, have reached $13.4 billion. As of October 5th, the company held 2,831,151 ETH (up from 2,659,900 ETH last week), 192 BTC, a $110.3 million investment in Eitco Holdings, and $456 million in unsecured cash.

The company's stock price rose by 11.60% compared to the previous day.

BitMine is the world's largest Ethereum treasury company and holds the second-largest position globally in terms of cryptocurrency holdings, with 640,031 BTC, following Strategy.