Foresight News|Jun 29, 2026 12:32
BitMine increased its holdings of 27084 ETH last week, bringing its total holdings to approximately 5.7 million ETH
According to Foresight News, BitMine increased its holdings of 27084 Ethereum coins last week. As of June 28, 2026, its total Ethereum holdings reached 5700040, accounting for approximately 4.7% of the total Ethereum supply. At present, BitMine holds a total value of approximately $9.8 billion in cryptocurrencies, cash, and other investment assets, including $555 million in cash and securities, 206 bitcoins, $180 million in Beast Industries equity assets, and $74 million in investment in Eightco Holdings. In addition, the number of Ethereum tokens it has pledged has increased to 4879157 (accounting for over 85% of its total holdings), valued at approximately $7.7 billion, with current annualized pledge income of approximately $211 million. \Tom Lee stated that this week has been challenging for cryptocurrency investors, with ETH falling 8% despite positive developments such as the establishment of Ethlabs in the Ethereum ecosystem and a softening of the Bank of England's attitude towards stablecoins. He believes that the "financial report whitewashing" effect that emerged near the end of the quarter has led investors to reduce their holdings of assets that have performed poorly in the past three months. However, the long-term development path of the cryptocurrency industry remains positive, and the dual driving forces of Wall Street infrastructure blockchain and proxy AI payment systems still exist.
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