Lates News

date
10/08/2026
Last week, BitMine increased its holdings by 7,391 Ethereum. As of August 9, 2026, its total Ethereum holdings reached 5,805,238, accounting for approximately 4.8% of the total Ethereum supply. Currently, the total value of the cryptocurrencies, cash, and other investment assets held by BitMine is about $11.6 billion, which includes $104 million in cash and securities, 209 Bitcoin, $180 million in equity assets from Beast Industries, and a $69 million investment in Eightco Holdings (ORBS). Additionally, the amount of staked Ethereum has increased to 5,067,309 (87% of total holdings), valued at approximately $9.8 billion, with a current annualized staking yield of about $257 million. During the same period, the company repurchased 3 million shares of common stock, bringing the total repurchased since July 1 to 19.1 million shares.