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

Foresight News reports that BitMine increased its holdings by 27,084 Ethereum last week. As of June 28, 2026, BitMine’s total Ethereum holdings reached 5,700,040 coins, accounting for approximately 4.7% of Ethereum’s total supply. Currently, the total value of BitMine’s cryptocurrencies, cash, and other investment assets is about $9.8 billion, including $555 million in cash and securities, 206 Bitcoin, $180 million in Beast Industries equity assets, and a $74 million investment in Eightco Holdings. Furthermore, the number of Ethereum staked by BitMine has risen to 4,879,157 coins (over 85% of total holdings), valued at around $7.7 billion, with an annualized staking return of about $211 million.

Tom Lee stated that this week has been challenging for crypto investors, with ETH falling by 8%. Despite positive developments in the Ethereum ecosystem, such as the establishment of Ethlabs, and a more accommodating stance on stablecoins by the Bank of England, he believes the “window dressing” effect around quarter-end has prompted investors to reduce positions in underperforming assets from the past three months. However, the long-term outlook for the crypto sector remains positive, supported by the dual driving forces of on-chain adoption of Wall Street infrastructure and agent-based AI payment systems.