BitMine’s Ethereum holdings reach 5,672,956 ETH worth $9.83 billion

BitMine said on June 22 that its Ethereum holdings stood at 5,672,956 ETH as of June 21, increasing by about 52,202 ETH from 5,620,754 a week earlier. Using a valuation of $1,733 per ETH, the company’s ETH position was worth about $9.83 billion. BitMine added that total holdings across crypto, cash, securities and investment assets reached $10.7 billion, while its ETH ownership ratio rose to 4.7%. The update underscores the scale of the company’s balance-sheet exposure to Ethereum, with the ownership ratio indicating the share of ETH it holds relative to the broader supply.

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