Bitmine Holds Over 4.47% of Total ETH Supply
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Source: PRnewswire
- Significant ETH Holdings: Bitmine currently holds 4,712,917 ETH, valued at $10.1 billion based on the current price of $2,134, which positions it as a leading ETH holder globally and strengthens its status as a major ETH Treasury.
- Exchange Upgrade: Bitmine upgraded from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, marking an increase in the company's recognition in capital markets and is expected to attract more investor attention to its stock.
- Annual Yield Expectations: Through its MAVAN platform, Bitmine's annual staking yield for ETH is projected at 2.75%, potentially generating $276 million in annual revenue, which not only enhances the company's cash flow but also strengthens its competitive position in the crypto market.
- Strong Market Support: Bitmine is backed by notable institutional investors, including Cathie Wood from ARK, indicating strong market confidence in its long-term growth potential, and is expected to further drive its ETH holdings towards the 5% target.
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About ORBS
Eightco Holdings Inc., through its subsidiary, Forever 8 Fund, LLC, operates as an inventory capital and management platform for e-commerce sellers. Forever 8 Fund, LLC (Forever 8) is an e-commerce fintech company that provides funding solutions for e-commerce businesses. Forever 8 provides funding solutions for e-commerce businesses, which sell on Amazon, Shopify and other online platforms. Forever 8 uses proprietary technology to review product sales data and determine funding potential for online retail entrepreneurs around the world. In addition, the Company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Eightco Holdings Reports $374M Asset Holdings Including OpenAI and Worldcoin Investments
- Total Assets: As of May 27, Eightco Holdings reported total assets of approximately $374 million, which includes crypto assets, private tech investments, cash, and stablecoins, reflecting the company's strategic focus on diversified investments.
- OpenAI Investment: The company holds an indirect investment of $90 million in OpenAI through special purpose vehicles (SPVs), constituting about 24% of its asset portfolio, indicating strong confidence in the AI sector and anticipated future growth potential.
- Worldcoin Holdings: Eightco owns 283.45 million Worldcoin tokens valued at approximately $99 million at $0.35 per token, further enhancing its investment portfolio in the digital identity space.
- Investment Themes: Management stated that its treasury strategy is centered around three major themes—artificial intelligence, digital identity, and the creator economy—aiming to drive long-term growth and market competitiveness through investments in these cutting-edge areas.
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Bitmine Holds 4.47% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds 4,712,917 ETH valued at approximately $10.1 billion, representing 4.47% of the total ETH supply, indicating its crucial position in the crypto market and potentially attracting more investor interest.
- Liquidity and Returns: With a total of 4,712,917 ETH staked, Bitmine anticipates annual returns of $276 million, showcasing its efficiency and profitability in crypto asset management, further solidifying its market leadership.
- Active Market Trading: Bitmine's stock has an average daily trading volume of $572 million in the U.S. market, ranking 193rd, reflecting its popularity among investors and market recognition, which could drive future stock price increases.
- Strategic Investment and Expansion: The recent launch of Bitmine's MAVAN staking platform aims to attract more institutional investors, enhancing its competitiveness in the Ethereum staking market and expected to drive the company's growth potential in the future.
See More
Eightco Holdings Updates on Digital Asset Portfolio
- Portfolio Overview: As of May 27, 2026, Eightco's total asset portfolio is approximately $374 million, including $90 million in indirect investment in OpenAI, $18 million in equity of Beast Industries, and about $144 million in cash and equivalents, showcasing the company's strong position in digital assets.
- OpenAI Investment Highlights: Eightco's $90 million investment in OpenAI, held through special purpose vehicles, represents 24% of its treasury assets, reflecting the company's confidence in the future of artificial intelligence, especially as OpenAI's model demonstrates outstanding reasoning capabilities.
- Worldcoin Holdings: Eightco holds over 283 million Worldcoin (WLD), approximately 8.3% of the circulating supply, making it the largest publicly disclosed institutional holder globally, indicating a strategic positioning in digital identity verification, with potential benefits from a $6.35 trillion addressable market opportunity.
- Market Potential of Beast Industries: Eightco's $18 million investment in Beast Industries accounts for 5% of its assets, with the company reaching over 500 million direct consumers globally; as AI commoditizes content production, this investment positions Eightco favorably in the creator economy, where audience trust becomes increasingly scarce.
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- Treasury Overview: As of May 27, 2026, Eightco Holdings' total asset value is approximately $374 million, including a $90 million indirect investment in OpenAI and an $18 million investment in Beast Industries, showcasing the company's leading position in digital assets and private tech firms.
- OpenAI Investment Highlights: OpenAI constitutes about 24% of Eightco's portfolio, with its model autonomously solving an 80-year-old math problem, demonstrating outstanding reasoning capabilities and further solidifying Eightco's confidence in its investment in OpenAI.
- Beast Industries Growth: Beast Industries' revenue is projected to double annually, reaching $1.6 billion in 2026, up from $899 million in 2025, indicating strong performance and market potential in the creator economy.
- Digital Identity Verification Trend: Eightco holds over 283 million Worldcoin (WLD), approximately 8.3% of the circulating supply, making it the largest publicly disclosed institutional holder globally, reflecting the company's strategic positioning in digital identity and human verification.
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Bitmine Holds 4.47% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds 4,712,917 ETH, valued at $10.1 billion at the current price of $2,134, highlighting its crucial position in the Ethereum market and expected to further enhance its market influence.
- Exchange Migration: Bitmine transitioned from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, a move that not only elevates the company's market profile but may also attract more institutional investors to its stock.
- Launch of MAVAN Platform: The introduction of MAVAN (Made in America Validator Network) aims to provide secure and reliable Ethereum staking services for institutional investors, which is expected to enhance its competitiveness in the cryptocurrency space and attract more capital inflow.
- Strong Liquidity: Bitmine's average daily trading volume reaches $572 million, ranking it 193rd in the U.S., indicating high liquidity and market activity of its stock, further solidifying its appeal among investors.
See More
Bitmine Holds 4.47% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds 4.47% of the total ETH supply, amounting to approximately 5,390,404 ETH valued at $10.1 billion, showcasing its strong influence in the Ethereum market and expected to drive further market share growth.
- Exchange Migration: Bitmine transitioned from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, a move that not only enhances the company's market image but may also attract more institutional investors, increasing liquidity.
- Massive Revenue Potential: With a total of 4,712,917 ETH staked, Bitmine anticipates annual staking revenues of $276 million, indicating its leading position in crypto asset management and providing financial stability for future operations.
- Institutional Investor Support: Backed by prominent institutional investors including Cathie Wood of ARK, Bitmine's credibility is significantly bolstered, laying a solid foundation for future capital operations and strategic expansion.
See More
Eightco Holdings Reports $374M Asset Holdings Including OpenAI and Worldcoin Investments
- Total Assets: As of May 27, Eightco Holdings reported total assets of approximately $374 million, which includes crypto assets, private tech investments, cash, and stablecoins, reflecting the company's strategic focus on diversified investments.
- OpenAI Investment: The company holds an indirect investment of $90 million in OpenAI through special purpose vehicles (SPVs), constituting about 24% of its asset portfolio, indicating strong confidence in the AI sector and anticipated future growth potential.
- Worldcoin Holdings: Eightco owns 283.45 million Worldcoin tokens valued at approximately $99 million at $0.35 per token, further enhancing its investment portfolio in the digital identity space.
- Investment Themes: Management stated that its treasury strategy is centered around three major themes—artificial intelligence, digital identity, and the creator economy—aiming to drive long-term growth and market competitiveness through investments in these cutting-edge areas.
See More
Bitmine Holds 4.47% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds 4,712,917 ETH valued at approximately $10.1 billion, representing 4.47% of the total ETH supply, indicating its crucial position in the crypto market and potentially attracting more investor interest.
- Liquidity and Returns: With a total of 4,712,917 ETH staked, Bitmine anticipates annual returns of $276 million, showcasing its efficiency and profitability in crypto asset management, further solidifying its market leadership.
- Active Market Trading: Bitmine's stock has an average daily trading volume of $572 million in the U.S. market, ranking 193rd, reflecting its popularity among investors and market recognition, which could drive future stock price increases.
- Strategic Investment and Expansion: The recent launch of Bitmine's MAVAN staking platform aims to attract more institutional investors, enhancing its competitiveness in the Ethereum staking market and expected to drive the company's growth potential in the future.
See More
Eightco Holdings Updates on Digital Asset Portfolio
- Portfolio Overview: As of May 27, 2026, Eightco's total asset portfolio is approximately $374 million, including $90 million in indirect investment in OpenAI, $18 million in equity of Beast Industries, and about $144 million in cash and equivalents, showcasing the company's strong position in digital assets.
- OpenAI Investment Highlights: Eightco's $90 million investment in OpenAI, held through special purpose vehicles, represents 24% of its treasury assets, reflecting the company's confidence in the future of artificial intelligence, especially as OpenAI's model demonstrates outstanding reasoning capabilities.
- Worldcoin Holdings: Eightco holds over 283 million Worldcoin (WLD), approximately 8.3% of the circulating supply, making it the largest publicly disclosed institutional holder globally, indicating a strategic positioning in digital identity verification, with potential benefits from a $6.35 trillion addressable market opportunity.
- Market Potential of Beast Industries: Eightco's $18 million investment in Beast Industries accounts for 5% of its assets, with the company reaching over 500 million direct consumers globally; as AI commoditizes content production, this investment positions Eightco favorably in the creator economy, where audience trust becomes increasingly scarce.
See More
Eightco Holdings Updates Treasury Composition and Strategic Investments
- Treasury Overview: As of May 27, 2026, Eightco Holdings' total asset value is approximately $374 million, including a $90 million indirect investment in OpenAI and an $18 million investment in Beast Industries, showcasing the company's leading position in digital assets and private tech firms.
- OpenAI Investment Highlights: OpenAI constitutes about 24% of Eightco's portfolio, with its model autonomously solving an 80-year-old math problem, demonstrating outstanding reasoning capabilities and further solidifying Eightco's confidence in its investment in OpenAI.
- Beast Industries Growth: Beast Industries' revenue is projected to double annually, reaching $1.6 billion in 2026, up from $899 million in 2025, indicating strong performance and market potential in the creator economy.
- Digital Identity Verification Trend: Eightco holds over 283 million Worldcoin (WLD), approximately 8.3% of the circulating supply, making it the largest publicly disclosed institutional holder globally, reflecting the company's strategic positioning in digital identity and human verification.
See More
Bitmine Holds 4.47% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds 4,712,917 ETH, valued at $10.1 billion at the current price of $2,134, highlighting its crucial position in the Ethereum market and expected to further enhance its market influence.
- Exchange Migration: Bitmine transitioned from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, a move that not only elevates the company's market profile but may also attract more institutional investors to its stock.
- Launch of MAVAN Platform: The introduction of MAVAN (Made in America Validator Network) aims to provide secure and reliable Ethereum staking services for institutional investors, which is expected to enhance its competitiveness in the cryptocurrency space and attract more capital inflow.
- Strong Liquidity: Bitmine's average daily trading volume reaches $572 million, ranking it 193rd in the U.S., indicating high liquidity and market activity of its stock, further solidifying its appeal among investors.
See More
Bitmine Holds 4.47% of Total ETH Supply
- Significant ETH Holdings: Bitmine currently holds 4.47% of the total ETH supply, amounting to approximately 5,390,404 ETH valued at $10.1 billion, showcasing its strong influence in the Ethereum market and expected to drive further market share growth.
- Exchange Migration: Bitmine transitioned from NYSE American to the New York Stock Exchange (NYSE) on April 9, 2026, a move that not only enhances the company's market image but may also attract more institutional investors, increasing liquidity.
- Massive Revenue Potential: With a total of 4,712,917 ETH staked, Bitmine anticipates annual staking revenues of $276 million, indicating its leading position in crypto asset management and providing financial stability for future operations.
- Institutional Investor Support: Backed by prominent institutional investors including Cathie Wood of ARK, Bitmine's credibility is significantly bolstered, laying a solid foundation for future capital operations and strategic expansion.
See More
