Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
#我在Gate广场过新年
BitMine increased its holdings by 40,613 ETH last week. Tom Lee believes ETH will follow the usual "V-shaped" rebound.
On February 9, according to official sources, Bitmine announced that as of 3:00 PM Eastern Time on February 8, 2026, the total value of its cryptocurrency holdings, cash, and "high-risk, high-reward investment projects" has reached $10 billion. As of that time, the company's crypto assets include:
· 4,325,738 ETH
· 193 Bitcoin (BTC)
· $200 million in Beast Industries equity
· $19 million in Eightco Holdings equity (NASDAQ: ORBS) ("high-risk, high-reward investment project")
· Total cash of $595 million
Bitmine Executive Chairman Thomas "Tom" Lee stated: "ETH price has fallen 62% from its 2025 peak, yet Ethereum's daily trading volume hit a record high of 2.5 million transactions, and the number of daily active addresses in 2026 soared to a record high of 1 million. Cryptocurrency prices are highly volatile; in fact, this is the eighth time since 2018 that ETH has dropped 50% or more from recent highs, meaning such declines occur almost every year. From January to March 2025, ETH price fell 64%, but later that year, it surged from $1,600 to $5,000."
Lee pointed out: "ETH often exhibits a V-shaped recovery after hitting major lows. In the previous eight instances of declines over 50%, this pattern has occurred each time. A similar recovery is expected in 2026. The best investment opportunities in cryptocurrencies often appear after a decline. Looking back at 2025, the best entry point in the crypto market was right after a sharp drop caused by concerns over tariffs."