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

The U.S. Ethereum treasury company said its stash grew by about 52,202 ETH in a week, lifting its ownership ratio to 4.7% and total holdings across assets to $10.7 billion.

ETH

Summary

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.

Terms & Concepts
  • Ethereum treasury company: Company holding ETH as a core treasury asset
  • ETH ownership ratio: Share of Ethereum supply the company holds
  • securities: Tradable financial assets such as stocks or bonds