bitmine immersion technologies is acquiring a significant amount of ethereum - Bitmine Immersion Technologies Increases Ethereum Holdings to 4.53 Million ETH
Bitmine Immersion Technologies (BMNR) has announced the acquisition of an additional 60,976 ETH last week, bringing its total Ethereum holdings to 4,534,563 ETH. This represents approximately 3.76% of the total Ethereum supply. The company has staked around 3,040,483 ETH, valued at approximately $6 billion, generating an annual staking yield of about $174 million. Bitmine also disclosed that its total crypto and cash holdings amount to approximately $10.3 billion, including $1.2 billion in cash.