BitMine holds 5.42M ETH, representing 4.49% of the total supply.

AiCoin

Release Time: 06/01/2026 13:45:16

ETH

$1,621.214.23%

Summary

ETH news: BitMine added 26,500 ETH to its holdings last week, bringing its total to 5.42 million ETH as of May 31, 2026, or 4.49% of the total supply. The company’s total crypto, cash, and investment assets are valued at $11.6 billion, including $446 million in cash and 203 BTC. ETH update: BitMine has staked 4.72 million ETH, generating an annualized yield of $258 million. Tom Lee expects the firm to reach 5% of ETH supply ownership by year-end.

BitMine increased its Ethereum holdings by 26,500 ETH last week. As of May 31, 2026, its total Ethereum holdings reached 5.42 million ETH, accounting for 4.49% of Ethereum’s total supply. Currently, BitMine’s total value of cryptocurrency, cash, and other investment assets is approximately $11.6 billion, including $446 million in cash, 203 BTC, $180 million in Beast Industries equity, and a $93 million investment in Eightco Holdings. The company has staked 4.72 million ETH (over 87% of its total holdings), valued at approximately $9.5 billion, with an annualized staking yield of about $258 million. Tom Lee stated that Ethereum’s current price does not reflect the improvement in Ethereum’s fundamentals, and the company expects to achieve its goal of holding 5% of Ethereum’s total supply by the end of 2026.

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