BitMine increased its holdings of 127000 Ethereum coins in a single week

According to BitMine, it increased its holdings of 127000 Ethereum coins last week, the highest weekly buying volume in recent times. As of June 7, 2026, its total Ethereum holdings reached 5.544 million, accounting for 4.59% of the total supply. At present, BitMine holds a total value of approximately $9.6 billion in cryptocurrency, cash, and other investment assets, including $247 million in cash, 204 bitcoins, $180 million in Beast Industries equity, and $880 million in investment in Eightco Holdings (ORBS). It has pledged 4.72 million Ethereum tokens (accounting for over 85% of its total holdings), valued at approximately 7.7 billion US dollars, with an annualized pledge income of approximately 230 million US dollars. Tom Lee stated that the company had previously increased its holdings by approximately 26000 coins per week, and this week's significant increase was due to optimism about the improvement of Ethereum fundamentals.