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TRX $0.3332 +1.10%
DOGE $0.0875 +2.24%
ADA $0.2161 -0.17%
BCH $250.04 -0.98%
LINK $11.87 +1.52%
HYPE $85.55 -0.07%
AAVE $129.87 -1.45%
SUI $0.7959 +5.34%
XLM $0.1836 +1.26%
ZEC $1,017.01 +1.91%

Bitmine increased its holdings by 52,203 ETH last week, raising its total holdings to 5.67 million

2026-06-22 20:33:02

According to PR Newswire, Bitmine Immersion Technologies (NYSE: BMNR) announced its latest asset situation. As of June 21, the company holds 5,672,956 ETH, 205 BTC, and approximately $601 million in cash and securities, with total assets amounting to about $10.7 billion.

The company's chairman, Tom Lee, stated that Bitmine increased its holdings by 52,203 ETH in the past week and will continue to maintain a steady accumulation pace through 2026. Currently, the ETH held by Bitmine accounts for about 4.7% of the total supply of Ethereum, firmly establishing it as the largest Ethereum reserve institution in the world. Additionally, Bitmine has staked 4.719 million ETH, which is over 83% of its ETH holdings, and based on the current yield, the expected annual staking income is approximately $223 million.

Tom Lee mentioned that the company believes the crypto market is still in the early stages of a "crypto spring," and the development of tokenization and artificial intelligence will drive continued growth in blockchain demand.

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