Bitmine's crypto, cash, securities, and strategic holdings now total $10.4 billion, with the company closing a preferred stock offering.

BitMine Immersion Technologies expanded its leading Ethereum treasury to more than 5.6 million ETH valued at greater than $10 billion.

PRNewswire, PRNewswire, 15th June 2026, Chainwire

Tom Lee's Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor's bitcoin treasury firm Strategy.

Bitmine boosted ETH holdings to 5.62 million tokens, or 4.66% of supply, as Tom Lee cites "early stages of crypto spring."

Bitmine Immersion (NYSE:BMNR) bought 76,881 Ethereum

Bitmine's crypto, cash, securities, and strategic holdings now total $10.4 billion, with the company closing a preferred stock offering.

Bitmine (BMNR) acquired 76,881 more ETH, bringing total holdings to 5.62 million. The firm is now the second-largest crypto treasury company after Strategy.

BitMine expanded its Ether treasury to more than 5.6 million ETH, approaching 5% of the circulating supply as staking yields offset a prolonged market downturn.

BitMine Immersion Technologies bought 76,881 ETH worth $135M, bringing total holdings to 5.6M ETH as the company targets 5% of Ethereum's supply.

Bitmine Immersion Technologies bought 20,000 ETH for $35.85 million from FalconX, expanding its treasury past 5.5 million ETH as part of Tom Lee's Ethereum