Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
BitMine increased its holdings by 71,672 ETH last week, bringing the total to approximately 5.278 million ETH.

BitMine increased its holdings by 71,672 ETH last week, bringing the total to approximately 5.278 million ETH.

ForesightNewsForesightNews2026/05/18 12:35
Show original

Foresight News reported that BitMine increased its holdings by 71,672 Ethereum last week. As of May 17, 2026, its total Ethereum holdings reached 5,278,462, accounting for approximately 4.37% of the total Ethereum supply. Currently, BitMine's total value of cryptocurrencies, cash, and other investment assets is around $12.6 billion, which includes $685 million in cash, 202 Bitcoin, $200 million in Beast Industries equity assets, and an $83 million investment in Eightco Holdings (ORBS). In addition, BitMine has staked 4,712,917 Ethereum (over 89% of its total holdings), valued at approximately $10.3 billion, with an estimated annualized staking yield of $289 million.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!