Bitmine has significantly increased its Ethereum (ETH) reserves, purchasing 138,452 ETH in the past week, bringing its total holdings to 3,864,951 ETH. The company disclosed a combined $13.2 billion in crypto, cash, and strategic equity holdings, including 193 BTC, $1 billion in cash, and a $36 million equity stake in Eightco Holdings. Chairman Tom Lee highlighted the firm's confidence in Ethereum's future, driven by upcoming catalysts and rising adoption rates. Bitmine's strategy emphasizes long-term accumulation, reflecting a broader institutional trend of treating crypto as a treasury asset.