BitMine increased its holdings of 71700 Ethereum coins last week. As of May 17, 2026, its total Ethereum holdings reached 5.28 million, accounting for 4.37% of the total Ethereum supply. At present, BitMine holds a total value of approximately $12.6 billion in cryptocurrency, cash, and other investment assets, including $685 million in cash, 202 bitcoins, $200 million in Beast Industries equity, and $830 million in investment in Eightco Holdings (ORBS). It has pledged 471 million Ethereum coins (accounting for over 89% of its total holdings), valued at approximately 10.3 billion US dollars, with an annualized pledge income of approximately 289 million US dollars.
