BitMine Increases Ethereum Holdings to Over 5 Million

BitMine has increased its Ethereum holdings by approximately 26,790 ETH last week. According to Foresight News, as of May 10, 2026, BitMine's total Ethereum holdings reached 5,206,790 ETH, representing about 4.31% of the total Ethereum supply. The total value of BitMine's cryptocurrency, cash, and other investment assets is approximately $13.4 billion. This includes $775 million in cash, 201 Bitcoin, $200 million in equity assets of Beast Industries, and an $88 million investment in Eightco Holdings (ORBS). Additionally, BitMine has staked 4,712,917 ETH, which accounts for over 90% of its total holdings, valued at approximately $11.1 billion, with an annualized staking yield of about $319 million.