BitMine increased its ETH holdings by 27,084 coins last week, bringing the total holdings to approximately 5.7 million coins.

BlockBeats News, June 29th. BitMine increased its Ethereum holdings by 27,084 coins last week. As of June 28, 2026, its total Ethereum holdings reached 5,700,040 coins, approximately 4.7% of the total Ethereum supply. Currently, BitMine's total holdings of cryptocurrency, cash, and other investment assets are valued at approximately $9.8 billion, including $555 million in cash and marketable securities, 206 Bitcoins, $180 million in Beast Industries equity assets, and a $74 million investment in Eightco Holdings. Additionally, its staked Ethereum amount has increased to 4,879,157 coins (representing over 85% of the total holdings), valued at around $7.7 billion, with a current annual staking yield of approximately $2.11 billion.

Tom Lee stated that this week has been challenging for cryptocurrency investors, with ETH dropping by 8%. Despite positive developments such as the establishment of Ethlabs in the Ethereum ecosystem and a slight softening of the Bank of England's stance on stablecoins. He believes that the "earnings report window dressing" effect near the end of the quarter has led to investors selling off underperforming assets from the past three months. However, the long-term development trajectory of the crypto industry remains positive, with the dual driving forces of Wall Street infrastructure blockchainization and agent-based AI payment systems still in place.