coin-img-ETHETH+9.66%coin-img-BTCBTC+4.40%coin-img-SOLSOL+10.66%coin-img-XRPXRP+11.80%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+13.01%coin-img-TONCOINTONCOIN+5.17%coin-img-TRXTRX+0.25%coin-img-ETHETH+9.66%coin-img-BTCBTC+4.40%coin-img-SOLSOL+10.66%coin-img-XRPXRP+11.80%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+13.01%coin-img-TONCOINTONCOIN+5.17%coin-img-TRXTRX+0.25%coin-img-ETHETH+9.66%coin-img-BTCBTC+4.40%coin-img-SOLSOL+10.66%coin-img-XRPXRP+11.80%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+13.01%coin-img-TONCOINTONCOIN+5.17%coin-img-TRXTRX+0.25%coin-img-ETHETH+9.66%coin-img-BTCBTC+4.40%coin-img-SOLSOL+10.66%coin-img-XRPXRP+11.80%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+13.01%coin-img-TONCOINTONCOIN+5.17%coin-img-TRXTRX+0.25%

Bitmine says ETH holdings rise to 5.62 million tokens, with $10.4 billion in crypto and cash

Bitmine said it holds 5.62 million ETH, or 4.66% of Ethereum’s 120.7 million supply, and reported crypto plus cash and marketable securities plus “moonshots” totaling $10.4 billion. The company also said it closed a 3,500,000-share offering of 9.50% Series A Perpetual Preferred Stock for about $273.8 million in net proceeds and expects the shares to begin trading on the NYSE as BMNP on June 16, 2026. It projected annualized staking-related cash flow of about $226 million and said it has 4,718,677 staked ETH valued at $8.1 billion at $1,718 per ETH. Bitmine said it was named to the Fortune Crypto 100 list for 2026 and described the SEC’s Project Crypto and the GENIUS Act as transformational.
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