BitMine increased its holdings by 126,971 ETH last week, bringing its total holdings to 5,543,800 ETH.

According to Mars Finance, on June 8th, BitMine increased its holdings by 126,971 ETH last week. As of June 7th, 2026, its total Ethereum holdings reached 5,543,872 ETH, representing approximately 4.59% of the total Ethereum supply. Currently, BitMine's total cryptocurrency, cash, and other investment assets are valued at approximately $9.6 billion, including $247 million in cash, 204 Bitcoins, $180 million in equity assets in Beast Industries, and an $88 million investment in Eightco Holdings (ORBS). In addition, it has staked 4,718,677 Ethereum (over 85% of its total holdings), valued at approximately $7.7 billion, with a current annualized staking yield of approximately $230 million. Tom Lee stated that the company previously increased its holdings by approximately 26,000 ETH per week, but this week saw a significant increase to 126,971 ETH, because it believes the current ETH price pullback does not reflect a continued improvement in Ethereum's fundamentals, and chose to buy on dips.