BitMine Immersion Technologies (BMNR) reported holding $15.7 billion in various assets as of September 7, including 5,929,198 ETH valued at $2,495 per unit according to Coinbase. The company added 28,086 ETH over the past week, bringing its holdings to 4.9% of total ETH supply, with a goal of reaching 5% via its « Alchemy of 5 % » strategy. BitMine stakes 5,067,309 ETH, worth $12.6 billion, generating an estimated $330 million in annualized staking revenue at a 2.61% seven-day yield. Total cash and marketable securities reached $593 million, up from $541 million a week earlier. BitMine ranks first among corporate ether treasuries and second among all crypto treasuries, behind Strategy (MSTR) which holds 840,447 BTC worth approximately $66 billion.
Source: Read the original article
