Ethereum
BitMine increases Ethereum holdings to 5.8 million ETH through weekly purchase
The company added over 10,000 ETH in a week, bringing its total stake to nearly 5.8 million coins with 85% currently staked for yield.
BitMine acquired 10,399 ETH over the past week, raising its total Ethereum holdings to 5,797,813 ETH, which represents approximately 4.8% of circulating supply. Of this amount, 4,917,189 ETH—roughly 85%—is currently staked, generating an estimated $247 million in annualized staking revenue.
Beyond its Ethereum activity, BitMine repurchased 4.5 million shares during the same period. The company's total crypto assets, cash, marketable securities, and other investments reached $11.3 billion.
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