PANews reported on May 26 that, according to an announcement by BitMine Immersion Technologies, as of May 25, 2026, the company increased its holdings by 111,942 ETH last week, bringing its total holdings to 5,390,404 ETH, representing approximately 4.47% of the total Ethereum supply. This is about 89% of its goal of holding 5% of the ETH supply. Based on a price of $2,134 per ETH, its ETH holdings are worth approximately $11.5 billion.

The announcement shows that BitMine has currently staked 4,712,917 ETH, representing approximately 87% of its total holdings, with a corresponding value of approximately $10.1 billion. The company expects that after all ETH is staked, the annualized staking yield will reach $276 million based on the current yield. BitMine Chairman Tom Lee stated that he is optimistic about the crypto supercycle driven by Wall Street asset tokenization and demand for Agentic AI, and will continue to increase his ETH holdings. The company's current crypto assets, cash, and other investments are valued at approximately $12.3 billion.