Bitmine Chair Tom Lee cited optimism about the passage of the Digital Asset Market Clarity Act in the US as the company reported increasing its total supply of Ether.

The second-largest digital asset treasury increased its buying pace, while Strategy sold a chunk of its bitcoin holdings.

Bitmine added 42,197 ETH last week, boosting its Ethereum holdings to 5.74 million coins as total balance sheet assets surpassed $11 billion.