BitMine increases holdings of 27084 ETH, Tom Lee: Long term bullish view on the cryptocurrency industry

BitMine increased its holdings of 27084 ETH last week, bringing its total holdings to 5700040 ETH as of June 28, 2026, accounting for 4.7% of the total supply. BitMine holds a total asset value of approximately $9.8 billion, including $555 million in cash and securities, 206 bitcoins, $180 million in Beast Industries equity, and $74 million in Eightco Holdings investment. It has pledged 4879157 ETH worth approximately $7.7 million, with an annualized return of approximately $211 million. Tom Lee stated that the financial report whitewashing effect has led investors to reduce their holdings of underperforming assets, but the long-term development path of the cryptocurrency industry is improving.