ChainThink News, March 16: According to official announcements, Bitmine today revealed that the total value of its cryptocurrency holdings under the "Moonshot Initiative" has reached $11.5 billion. As of 7:00 PM ET on March 15, 2026, the company’s crypto portfolio includes 4,595,562 ETH, 196 BTC, a $200 million investment in Beast Industries, an $83 million investment in Eightco Holdings (Nasdaq ticker: ORBS), and a total of $1.2 billion in cash.

Bitmine’s ETH holdings represent 3.81% of the total ETH supply (120.7 million ETH).

Over the past week, Bitmine executed two strategic moves. First, Bitmine increased its existing investment in Eightco (ticker: ORBS) under the Moonshot Initiative by an additional $80 million. ORBS has acquired a $50 million equity stake in OpenAI and a $25 million equity stake in Beast Industries. Lee stated: “ORBS is now the world’s only publicly traded stock that grants investors direct exposure to OpenAI. OpenAI’s highly anticipated IPO is scheduled for 2026, allowing investors to gain direct access through ORBS. Furthermore, we see massive synergies emerging between World Chain (Proof of Humanity), the leading AI platform OpenAI, and global top-tier content creator Mr. Beast. Eightco has invited Cathie Wood’s ARK to serve as strategic advisors, further enhancing ORBS’ appeal.”

Second, Bitmine purchased 5,000 ETH from the Ethereum Foundation, enabling EF to fund its core operations. Lee said: “Bitmine’s acquisition of these ETH tokens underscores our support for EF’s mission and operations, allowing EF to raise capital without having to sell ETH on public markets.”

Lee noted: “Over the past two weeks, Bitmine has slightly accelerated its ETH acquisition pace, reflecting our conviction that ETH is nearing the final phase of a ‘mini crypto winter.’ In the past week alone, we acquired 60,999 ETH, while our weekly average over recent weeks has been between 45,000 and 50,000 ETH.”