Bitmine has an additional 522,000 ETHs a week, and the hold has risen to 5.67 million

Bitmine disclosed that the company had purchased 52,203 new ETHs over the past week, increasing its total hold of the Taifeng to 5,672,956. Based on the reference price of US$1,733 per item used by the company on 21 June, this portion of the warehouse size is approximately US$ 98.83 billion, or 4.7 per cent of the 120.7 million in traffic at the Taifung.

This company is still one of the most ETH-owned business banks. In accordance with its previous target, the existing hold is close to the level of “capacitating 5 per cent of the pass of the far south”. Tom Lee, chairman of the company, also maintained his judgement that the encryption market was still in the early stages of repair.

Holder approaching 5% target.

According to the company, in addition to ETH, the treasury included 205 bitcoin, approximately $601 million in cash and tradable securities, as well as equity investments in Best Industries and Eightco Holdings. The total size of the company ' s encrypted assets, cash and securities by disclosure calibre was $10.7 billion.

Bitmine links the logic of its configuration with the mosaics of monetization, artificial intelligence payments and decentrization of infrastructure needs. According to the company, the demand for chained settlements and encrypted assets will increase if real world asset monetization and AI-related payments continue to expand.

Over 80% of the pledged assets.

The company disclosed that 4,718,677 ETH had entered the pledge at a value of approximately $8.2 billion, or more than 83 per cent of its total ETH hold. Bitmine states that this portion of the pledged assets is an important source of its structure of proceeds.

On a current scale, the company expects to earn approximately $223 million in annual pledge revenues. The potential annualized pledge incentive could rise to about $268 million if a higher proportion of ETH pledges were subsequently completed through its United States certifier network, MAVAN, and other partners.

Tom Lee, stay optimistic.

Tom Lee states that the recent ETH fall has not changed the firm ' s judgment of the medium- and long-term market. The company is still expected to reach its target of holding 5% of its ETA at some point in 2026.

Additional information:It was also mentioned that market analysts were concerned about ETH short-line trends, in particular whether prices could hold the key average. However, this part mainly reflects the market view and is not at the core of Bitmine's disclosure.