Bitmine Immersion Technologies purchased an additional 9,926 ETH over the past week, bringing its total Ethereum holdings to approximately 5.8 million ETH, representing 4.8% of the cryptocurrency’s total supply. The company is getting closer to its goal of owning 5% of the supply. Its crypto and related holdings total $11.4 billion, including 210 BTC, $78 million in cash and marketable securities, and stakes in Beast Industries and Eightco Holdings. Over 5 million ETH, worth approximately $9.6 billion, have been staked, producing a 2.61% seven-day yield with projected annualized revenue of $250 million.
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