bitmine immersion technologies crypto holdings - Ethereum News: Bitmine Holds 4% of ETH, Treasury Hits $11.8B
Key Insights:
- Bitmine held 4,874,858 ETH as of April 12, equal to 4.04% of Ethereum’s 120.7 million circulating supply.
- Bitmine reported total holdings of $11.8 billion, including $10.7 billion in ETH, $719 million in cash, and 198 BTC.
- The company said 3,334,637 ETH, or 68% of its holdings, is staked and generates $212 million in annualized revenue.
Per the recent Ethereum news, Bitmine Immersion Technologies said it held 4,874,858 ETH as of April 12.