BitMine disclosed that its consolidated crypto portfolio, cash position, and other assets totalled $13.2 billion as of 4:00 PM EST on December 7. The asset mix includes 3,864,951 ETH, 193 BTC, $36 million in Eightco Holdings equity (NASDAQ: ORBS), and $1 billion in cash.

Thomas “Tom” Lee, chairman of Fundstrat and BitMine, cited a 156% week-over-week rise in ETH holdings, versus a four-week average of 54,156 tokens, framing the expansion as deliberate capital deployment amid evolving catalysts.

BitMine notes the Fusaka upgrade, activated December 3, which reportedly improves scalability, security, and usability within the Ethereum ecosystem. The upgrade aligns with the firm’s asset diversification and risk management framework in a still-liquid crypto market.

Market participants continue to monitor Federal Reserve policy moves in December, including the shift away from quantitative tightening, as crypto assets respond to macro liquidity and rate expectations.