BitMine increased its holdings of 27,084 ETH last week, with total holdings increasing to approximately 5.7 million.

BlockBeats News, June 29 – BitMine increased its holdings by 27,084 ETH last week. As of June 28, 2026, its total ETH holdings reached 5,700,040, accounting for approximately 4.7% of the total Ethereum supply. Currently, the total value of cryptocurrencies, cash, and other investment assets held by BitMine is about $9.8 billion, including $555 million in cash and marketable securities, 206 BTC, $180 million in Beast Industries equity assets, and an $74 million investment in Eightco Holdings. Additionally, its staked Ethereum has increased to 4,879,157 ETH (over 85% of total holdings), valued at approximately $7.7 billion, with an annualized staking yield of about $211 million.

Tom Lee stated that this week has been tough for crypto investors, with ETH down 8%, despite positive developments in the Ethereum ecosystem such as the establishment of Ethlabs and the Bank of England's softening stance on stablecoins. He believes that the "window dressing" effect near the end of the quarter has led investors to reduce holdings of assets that have underperformed in the past three months, but the long-term development path of the crypto industry remains positive, with the dual driving forces of on-chain Wall Street infrastructure and agent-based AI payment systems still in place.