BitMine holds 5.42 million Ethereum coins, accounting for 4.49% of the total supply

According to BitMine, it increased its holdings of 26500 Ethereum coins last week. As of May 31, 2026, its total Ethereum holdings reached 5.42 million, accounting for 4.49% of the total Ethereum supply. At present, BitMine holds a total value of approximately $11.6 billion in cryptocurrency, cash, and other investment assets, including $446 million in cash, 203 bitcoins, $180 million in Beast Industries equity assets, and a $930 million investment in Eightco Holdings. It has pledged 4.72 million Ethereum coins (accounting for over 87% of its total holdings), valued at approximately 9.5 billion US dollars, with an annualized pledge income of approximately 258 million US dollars. Tom Lee stated that the current price of ETH does not reflect an improvement in Ethereum's fundamentals, and the company expects to achieve its goal of holding 5% of the total ETH supply by 2026.