BitMine has increased its Ethereum holdings by 7,430 ETH last week, bringing its total to 5,777,468 ETH as of July 19, 2026. This accounts for approximately 4.8% of the total Ethereum supply. The company's total asset value, including cryptocurrencies, cash, and other investments, stands at approximately $11.5 billion.
BitMine's portfolio includes $385 million in cash and marketable securities, 207 Bitcoins, $180 million in equity assets of Beast Industries, and a $58 million investment in Eightco Holdings (ORBS). Notably, 85% of its Ethereum holdings, amounting to 4,917,189 ETH, are staked, valued at around $9.2 billion, generating annualized staking yields of approximately $247 million.
BitMine Expands Ethereum Holdings to 5.77 Million ETH
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
