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GateUser-a68e8203

2026-05-26 13:18:02

Bitmine's hand: Holding half of the Ethereum network, with over 400 million in cash remaining, able to attack or defend.

ETH-2.61%

View Original

BlockBeatNews2026-05-26 13:00:55

Bitmine increased its holdings by nearly 112k ETH last week, bringing the total holdings to 5.39M ETH.

BlockBeats reported on May 26 that Bitmine Immersion Technologies announced total holdings of $12.3 billion as of May 25, 2026. It holds 5,390,404 ETH and 203 BTC, and has invested $200 million in Beast Industries and $95 million in Eightco Holdings (ORBS); its cash is $444 million. ETH holdings are approximately 4.47% of the total supply (based on 120.7 million ETH).

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