Bitmine has significantly increased its Ethereum holdings, adding 60,976 ETH over the past week, surpassing its usual weekly accumulation of 45,000 to 50,000 ETH. As of March 8, 2026, Bitmine's total crypto assets include 4,534,563 ETH, 195 BTC, and substantial equity investments, with a total asset value of $10.3 billion. The company has staked 3,040,483 ETH, valued at $6 billion, representing 67% of its total ETH holdings. Executive Chairman Tom Lee expressed confidence in the resilience of Ethereum amid geopolitical tensions and rising oil prices, suggesting that the crypto market is in the late stages of a 'mini crypto winter.' Lee, referencing advisor Tom DeMark's analysis, noted Ethereum's price correlation with historical S&P 500 trends, predicting a potential bottoming out of ETH between March 8 and 14, slightly below $1,740.