Ethereum treasury company BitMine increased its holdings by 17,362 ETH last week, pushing its total Ethereum position above 6 million for the first time, according to PR Newswire. As of Sept. 27, 2026, the company held 6,001,302 ETH, equal to about 4.9% of Ethereum’s total supply. BitMine said it has added to its ETH treasury every week since launching the strategy on June 30, 2025, a stretch of less than 15 months.
The company also disclosed that the total value of its cryptocurrency, cash and other investment assets stands at about $17.2 billion. That figure includes $672 million in cash and marketable securities, 213 BTC, $180 million in equity assets tied to Beast Industries, and a $115 million investment in Eightco Holdings (ORBS). Of its Ethereum holdings, 5,067,309 ETH, or 84%, has been staked, with a stated value of about $13.7 billion and an annualized staking yield of roughly $358 million.
In BitMine’s weekly report, Tom Lee said ETH has outperformed the S&P 500 by more than 6,728 basis points so far in the third quarter. He also said the crypto bull market began in late June and that institutions remain underweight crypto assets. Lee is scheduled to deliver a keynote speech at Korea Blockchain Week in Seoul on Sept. 30.
Ethereum treasury company BitMine added 17,362 ETH last week, lifting its total Ethereum holdings above 6 million for the first time, according to PR Newswire.
As of Sept. 27, 2026, BitMine held 6,001,302 ETH, or about 4.9% of Ethereum’s total supply. The company said it has increased its ETH position every week since launching its treasury strategy on June 30, 2025, a run that has lasted less than 15 months.
Asset mix and staking position
BitMine said the total value of its cryptocurrency, cash and other investment assets is about $17.2 billion. That includes $672 million in cash and marketable securities, 213 BTC, $180 million in Beast Industries equity assets, and a $115 million investment in Eightco Holdings (ORBS).
Of its Ethereum holdings, 5,067,309 ETH remains staked, equal to 84% of the total position and worth about $13.7 billion. The company put its current annualized staking yield at about $358 million.
Tom Lee comments in weekly report
In the company’s weekly report, Tom Lee said ETH has outperformed the S&P 500 by more than 6,728 basis points so far in the third quarter, calling it the world’s best macro asset. He said the crypto bull market began in late June and that institutions are still underweight crypto assets, with holdings expected to rise sharply in the final months of 2026.
Lee is also set to deliver a keynote speech at Korea Blockchain Week in Seoul on Sept. 30.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
