BitMine has announced a significant increase in its Ethereum holdings, now totaling 4,325,738 ETH, as part of its $10 billion portfolio of cryptocurrencies, cash, and high-risk investments. The company also holds 193 BTC, $200 million in equity in Beast Industries, and $19 million in Eightco Holdings. Tom Lee, Executive Chairman of BitMine, highlighted Ethereum's recent 62% price drop from its 2025 peak, despite record daily transaction volumes and active addresses. Lee predicts a V-shaped recovery for ETH in 2026, noting that similar rebounds have followed past declines of over 50%. He emphasized that the best investment opportunities often arise after significant market downturns.