BitMine increased its ETH holdings by 41,788 coins last week, Tom Lee attributes market slump to lingering effects of 10/11 crash

February 2, 2026 BitMine announced today that its combined holdings of cryptocurrency, cash, and "potential projects" are valued at $10.7 billion, including 41,788 additional ETH acquired in the past week, per official sources. As of 6:00 PM Eastern Time on February 1, 2026, the company’s assets include: - 4,285,125 ETH - 193 BTC - A $200 million equity stake in Beast Industries - A $20 million equity investment in Eightco Holdings (NASDAQ: ORBS), labeled a "potential project" - $5.86 billion in cash BitMine CEO Thomas "Tom" Lee noted: “ETH has dropped sharply from ~$3,000 to ~$2,300 over the past month.