PANews reported on June 1st that BitMine Immersion Technologies (NYSE: BMNR) purchased 26,497 ETH last week. As of May 31, 2026, the company's total Ethereum holdings reached 5,416,901 ETH, representing approximately 4.49% of the total Ethereum supply of 120.7 million, bringing it closer to its goal of holding 5% of the total ETH supply.

Currently, BitMine holds approximately $11.6 billion in crypto assets, cash, and other investments, including 5.417 million ETH, 203 BTC, $446 million in cash, $180 million in Beast Industries equity, and a $93 million investment in Eightco Holdings. The company has pledged 4,718,677 ETH, representing over 87% of its total holdings, valued at approximately $9.5 billion at the time.