BitMine Boosts Ethereum Holdings Above 5.39 Million ETH

BitMine added 111,942 Ethereum last week, increasing total holdings to 5,390,404 ETH, about 4.47% of Ethereum’s circulating supply. The company now controls more than $12.3 billion in assets, including cash, Bitcoin holdings, and equity investments, while staking over 4.7 million ETH worth roughly $10.1 billion. Chairman Tom Lee called Ethereum’s dip below $2,200 an attractive entry point. Markets are watching whether continued institutional accumulation and large-scale staking tighten ETH supply and support prices in the coming months.