[BitMine Increased Holdings by 26,497 ETH Last Week, Total Holdings Rise to Approximately 5.417 Million ETH] Foresight News reports that BitMine increased its holdings by 26,497 Ethereum (ETH) last week. As of May 31, 2026, its total Ethereum holdings reached 5,416,901 ETH, accounting for approximately 4.49% of Ethereum's total supply. Currently, the total value of BitMine's cryptocurrency, cash, and other investment assets is approximately $11.6 billion, including $446 million in cash, 203 Bitcoin (BTC), $180 million in Beast Industries equity assets, and a $93 million investment in Eightco Holdings. Additionally, the number of staked Ethereum is 4,718,677 ETH (over 87% of total holdings), valued at approximately $9.5 billion, with an annualized staking yield of approximately $258 million. Tom Lee stated that the current ETH price does not reflect the ongoing improvements in Ethereum's fundamentals, but this is not unexpected in the early stages of the crypto spring. The company expects to achieve its goal of holding 5% of Ethereum's total supply within 2026.