bitmine

According to Onchain Lens monitoring, two newly created wallets withdrew 35,138 ETH ($58.39 million) from BitGo and Kraken, which may belong to Bitmine.

According to GlobeNewswire, former Ethereum Foundation researchers have established an independent nonprofit organization called Ethlabs, supported by Bitmine, SharpLink, Ethereum co-founder Joe Lubin, and ecosystem participants such as Anchorage, Octant, and SNZ, aiming to prepare for the next phase of institutional adoption of Ethereum. The five co-founders include Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf, and Julian Ma, who have led significant upgrades to the network over the past decade. Ethlabs' early work will focus on the demand for large-scale institutional on-chain solutions: faster settlement speeds, native issuance, cross-chain transactions based on robust infrastructure, mainnet capacity, and research laying the foundation for ETH's monetary properties.

According to on-chain analyst Yu Jin's monitoring, Strategy (MSTR) holds a total of 847,363 BTC, with an average cost of $75,651, resulting in an unrealized loss of approximately $9.093 billion (-14.2%); BitMine (BMNR) holds a total of 5,672,956 ETH, with an average cost of $3,407, resulting in an unrealized loss of approximately $9.32 billion (-48.2%).

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.

Bitcoin mining company Bitmine Immersion Technologies (NYSE: BMNR) announced that its board has approved a cash dividend of $0.1056 per share for its 9.50% Class A perpetual preferred stock (NYSE: BMNP). The dividend will be officially paid on July 10, 2026, to Class A preferred shareholders registered as of the close of business on June 30, 2026.It is reported that Bitmine is a Bitcoin mining company operating in the United States, currently focused on utilizing excess capital for an Ethereum reserve strategy, and is launching a staking infrastructure network called MAVAN dedicated to its assets in 2026.

In response to Ethereum core developer Trent Van Epps' lengthy article pointing out that Ethereum is entering a critical institutional turning point, including legitimacy distribution, governance structure evolution, and potential protocol funding crises, Tom Lee, chairman of the Ethereum treasury company Bitmine, responded by stating that the possibility of such a crisis occurring in Ethereum is zero, and wrote "Funding secured."Data shows that Bitmine has been increasing its holdings in Ethereum weekly, with the total holdings now exceeding 5.62 million coins.

According to on-chain analyst Yu Jin (@EmberCN), Bitmine has once again purchased 20,000 ETH through FalconX, worth approximately $35.85 million. Currently, the company is still about 380,000 ETH (approximately $680 million) away from its strategic target of holding 5% ETH.

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.

According to PR Newswire, BitMine's Class A perpetual preferred stock (stock code: BMNP) has been approved for listing on the New York Stock Exchange and is set to begin trading on June 16, with a dividend yield of 9.50%.The board has announced the first cash dividend of $0.316667 per share, which will be paid on June 22 to shareholders registered as of the close on June 12; the second weekly dividend will be $0.105556 per share, which will be paid on June 26 to shareholders registered as of the close on June 16.

According to Arkham monitoring, a newly created whale address 0x17A withdrew approximately $41 million in Ethereum from the custodian BitGo. This fund inflow pattern shares similar characteristics with the previous buying behavior of Bitmine, led by Tom Lee, and has sparked market speculation about "institutional continuous buying."

On-chain data shows that Tom Lee's Bitmine BMNR has additionally purchased 25,000 ETH, worth 41 million dollars; so far this week, a total of 125,000 ETH has been purchased, worth 205 million dollars.

Tom Lee stated at the DACFP conference for investment advisors that the current financial system is built on a multi-layer technology stack, with a significant amount of "false or fraudulent transactions." He noted that Ethereum (ETH) and Bitcoin (BTC) have "never had fraudulent transactions" at the blockchain level, and that the operational costs of blockchain are lower.Tom Lee further pointed out that investing in blockchain is similar to holding real estate assets, and in the future, "agent-based AI" will rely on blockchain for higher speeds and to prevent system failures. He also mentioned that the supply of ETH is contracting, and BitMine may not need to hold more than 5% of the total supply of ETH. Additionally, he stated that BitMine may be included in the Russell 1000 index by the end of June, which could provide stability support for its stock price, and referenced the company's holdings in MrBeast-related financial companies.

According to monitoring by Lookonchain, Bitmine, owned by Tom Lee, bought 25,000 ETH ($41.09 million) from BitGo again 8 hours ago. In the past 3 days, Bitmine has accumulated a total purchase of 125,000 ETH ($206 million).

According to Onchain Lens monitoring, a suspected Bitmine wallet withdrew 25,000 ETH from BitGo, worth 40.93 million USD.

According to the 10x Research report, Bitmine raised $19.2 billion through 50 equity issuances from July 2025 to June 2026, all used to purchase approximately 5.54 million ETH (accounting for 4.6% of the circulating supply), with a weighted average purchase price of about $3,526.Currently, the ETH price is around $1,650, and its ETH treasury value is only $9.1 billion, with the company's overall loss reaching $10.1 billion, a drawdown of 52%. Among these, investors repeatedly paid a premium relative to the underlying ETH net asset value when purchasing shares, having cumulatively overpaid $4.6 billion before the ETH price drop. Both types of losses (price drop loss + premium loss) have occurred simultaneously.Although Bitmine has suffered heavy losses and ETH is unlikely to recover in the short term, the report points out that when the stock drops deep enough, the underlying asset becomes almost irrelevant; what investors are actually buying is purely an option—namely, a free call option on ETH's future rebound, which has not yet been fully priced by the market.

According to on-chain analyst Yu Jin's monitoring, after ETH followed the decline of the US stock market last night, the Ethereum treasury company Bitmine increased its holdings by 100,000 ETH, worth $163 million. Bitmine aims to hold 5% (6 million) of ETH, and is currently 400,000 ETH short of that target.

According to Onchain Lens monitoring, three wallets received 75,000 ETH ($122.29 million) from Kraken and FalconX, which may belong to Bitmine.