BitMine increased its ETH holdings by 126,971 coins last week, bringing the total holdings to 5.5438 million coins.

BlockBeats News, June 8th, BitMine increased its ETH holdings by 126,971 coins last week. As of June 7, 2026, its total Ethereum holdings reached 5,543,872 coins, accounting for approximately 4.59% of the total Ethereum supply.

Currently, BitMine's total value of cryptocurrency, cash, and other investment assets is approximately $9.6 billion, including $2.47 billion in cash, 204 bitcoins, $180 million in Beast Industries equity assets, and a $88 million investment in Eightco Holdings (ORBS).

In addition, it has staked 4,718,677 ETH (representing over 85% of total holdings), worth around $7.7 billion, with a current annual staking reward of approximately $230 million.

Tom Lee stated that the company's previous weekly accumulation pace was about 26,000 coins, which significantly increased to 126,971 coins this week. The reason was the belief that the current ETH price correction does not reflect the continued improvement in Ethereum's fundamentals, so they chose to accumulate more on the dip.