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