BitMine Immersion Technologies has increased its Ethereum holdings to 5.79 million ETH, representing approximately 4.8% of the circulating ether supply, valued at around $11.3 billion. The company’s total treasury, including ETH, 208 BTC, $268 million in cash and marketable securities, and strategic investments in Beast Industries and Eightco Holdings, reaches $11.8 billion. Bitmine also repurchased 6.1 million of its own shares over the past week under its $4 billion buyback program. The firm currently stakes 4.9 million ETH through its MAVAN network and projects annualized staking rewards of approximately $299 million.
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