BitMine ETH Holdings Surpass 6 Million Following Weekly Accumulation
BitMine added 17,362 ETH last week, bringing its total holdings to 6,001,302 ETH as of September 27, 2026, representing approximately 4.9% of the total supply. The company's total assets are valued at approximately $17.2 billion, including $672 million in cash and securities, 213 BTC, and other equity investments. Of its ETH holdings, 5,067,309 are staked, generating an annualized yield of about $358 million. Tom Lee noted that ETH has outperformed the S&P 500 by over 6,728 basis points this quarter and expects institutional accumulation to increase significantly in late 2026.
Summaries are written by AI from the original article. Not investment advice.