BitMine adds 26,497 ETH, total holdings reach 5.4169M

KuCoinFlash

Release Time: 06/01/2026 12:52:48

Summary

ETH news: On June 1, 2026, BitMine disclosed that it added 26,497 ETH in the prior week, increasing its total holdings to 5,416,901 ETH, or 4.49% of the total ETH supply. The company holds $11.6 billion in assets, including $446 million in cash, 203 BTC, $180 million in Beast Industries equity, and $93 million in Eightco Holdings. BitMine has staked 4,718,677 ETH—87% of its holdings—valued at $9.5 billion, generating $258 million in annual rewards. ETH update: This move strengthens its position in the crypto market.

BlockBeats news, on June 1, BitMine announced that it increased its holdings by 26,497 ETH last week. As of May 31, 2026, its total ETH holdings reached 5,416,901, accounting for approximately 4.49% of Ethereum’s total supply.

Currently, BitMine holds a total value of approximately $11.6 billion in cryptocurrencies, cash, and other investment assets, including $446 million in cash, 203 bitcoins, $180 million in equity stakes in Beast Industries, and a $93 million investment in Eightco Holdings.

In addition, it has staked 4,718,677 ETH, accounting for over 87% of its total holdings, with a value of approximately $9.5 billion and an annualized staking yield of about $258 million.

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