BitMine increased its holdings by 8,573 ETH; Tom Lee: Binance hack shows industry resilience.

As of November 1, 2026, BitMine's holdings increased to 6.0605 million ETH, with total assets valued at approximately $14.5 billion, including $498 million in cash, 216 Bitcoins, $180 million in Beast Industries equity, and an $82 million investment in Eightco Holdings. Of this, 5.227 million ETH were staked, valued at approximately $11.8 billion. Chairman Tom Lee stated that the market reaction to the Binance hack was mild, with ETH only falling by 4%, due to factors including Binance's ability to compensate, the absence of a chain reaction of DeFi failures, the industry's rapid response, the FBI's swift characterization of the attack, and the fact that the attack targeted corporate infrastructure rather than blockchain vulnerabilities, demonstrating the resilience of the crypto industry against nation-state attacks.