Business UpdateJun 8, 2026, 08:51 AM
Bitmine ETH Holdings Reach 5.54M Tokens; Total Holdings $9.6B
AI Summary
Bitmine Immersion Technologies announced its crypto and cash holdings totaled $9.6 billion as of June 7, 2026. This includes 5.54 million ETH tokens, representing 4.59% of the total ETH supply, and $247 million in cash. The company also reported 4.72 million staked ETH, valued at $7.7 billion, with projected annualized staking revenues of $230 million. Bitmine aims to reach 5% of the ETH supply and recently acquired 126,971 ETH, reinforcing its position as the largest ETH treasury globally.
Key Highlights
- Total crypto and cash holdings reached $9.6 billion.
- Holds 5,543,872 ETH tokens, representing 4.59% of total ETH supply.
- Staked 4,718,677 ETH, valued at $7.7 billion at $1,630 per ETH.
- Projected annualized ETH staking revenues are $230 million.
- Total cash holdings amount to $247 million.
- Holds $180 million stake in Beast Industries and $88 million in Eightco Holdings.
- Acquired 126,971 ETH in the past week.
- Daily trading volume averaged $829 million (5-day avg).
Price Impact
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