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Bitmine increased its holdings by 52,203 ETH last week, bringing the total holdings to 5.67 million ETH.
BlockBeats News, June 22 — Bitmine Immersion Technologies (NYSE: BMNR) announced its latest asset status. As of June 21, the company held 5,672,956 ETH, 205 BTC, and approximately $601 million in cash and securities, with total assets reaching about $10.7 billion.
Chairman Tom Lee stated that Bitmine increased its ETH holdings by 52,203 ETH over the past week and will continue a stable accumulation pace through 2026. Currently, Bitmine owns about 4.7% of the total Ethereum supply, ranking as the world's largest Ethereum reserve institution.
In addition, Bitmine has 4.72M ETH staked, accounting for over 83% of its ETH holdings. Based on current yields, the annualized staking income is estimated at approximately $223 million. Tom Lee said the company believes the crypto market is still in the early stages of the "Crypto Spring," and the development of tokenization and artificial intelligence will drive continuous growth in blockchain demand.