Bitmine increased its holdings by 76,881 ETH last week, bringing its total holdings to approximately 5.62 million coins

2026-06-15 20:36:53

According to PR Newswire, BitMine increased its holdings by 76,881 Ethereum last week. As of June 14, 2026, its total Ethereum holdings reached 5,620,754, accounting for approximately 4.66% of the total Ethereum supply.

Currently, the total value of cryptocurrencies, cash, and other investment assets held by BitMine is approximately $10.4 billion, which includes $502 million in cash and securities, 204 Bitcoins, $180 million in equity assets from Beast Industries, and an investment of $88 million in Eightco Holdings (ORBS). Additionally, the amount of Ethereum it has staked is 4,718,677 (over 83% of total holdings), valued at approximately $8.1 billion, with a current annualized staking yield of about $226 million.

Tom Lee stated that the company maintains a relatively high buying pace, believing that the current ETH price correction does not reflect the ongoing improvement in Ethereum's fundamentals, and expects to achieve the goal of holding 5% of the total ETH supply within 2026.

Furthermore, BitMine completed the issuance of 3.5 million shares of 9.50% Class A perpetual preferred stock (BMNP) on June 10, with an issuance price of $80 per share, raising approximately $273.8 million. This preferred stock is expected to be listed and traded on the NYSE on June 16, with dividends paid weekly.

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