According to Huoxun Finance, BitMine increased its holdings by 76,881 Ethereum last week, bringing its total Ethereum holdings to 5,620,754 as of June 14, 2026, representing approximately 4.66% of the total Ethereum supply. The company currently holds approximately $10.4 billion in cryptocurrency, cash, and other investment assets, including $502 million in cash and marketable securities, 204 Bitcoins, $180 million in equity assets in Beast Industries, and an $88 million investment in Eightco Holdings. It has staked 4,178,677 Ethereum, representing over 83% of its total holdings, worth approximately $8.1 billion, with an annualized staking yield of approximately $226 million. The company maintains a high buying pace, believing that the current ETH price correction does not reflect a continued improvement in Ethereum's fundamentals, and expects to achieve its goal of holding 5% of the total ETH supply by the end of 2026. In addition, BitMine completed the offering of 3.5 million Class A perpetual preferred shares (9.50%) on June 10 at a price of $80 per share, raising net proceeds of approximately $273.8 million. The preferred shares are expected to be listed on the NYSE on June 16, with dividends paid weekly.
Bitmine increased its holdings by 76,881 ETH last week, bringing its total holdings to approximately 5.62 million ETH.
2026-06-15 12:37:02
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