BitMine increased its holdings by 111,900 ETH last week, bringing its total holdings to over 5.39 million ETH.

CoinFeed reported on May 26th that, according to an announcement by BitMine Immersion Technologies, as of May 25th, 2026, the company increased its ETH holdings by 111,942 last week, bringing its total holdings to 5,390,404 ETH, representing approximately 4.47% of the total Ethereum supply. This is about 89% of its goal of holding 5% of the ETH supply. Based on a price of $2,134 per ETH, its ETH holdings are worth approximately $11.5 billion. The announcement shows that BitMine currently has 4,712,917 ETH staked, representing approximately 87% of its total holdings, with a corresponding value of approximately $10.1 billion. The company expects that after all ETH is staked, based on the current yield, the annualized staking yield could reach $276 million.