6h ago
Bitmine Lifts Ethereum Holdings to 4.66M ETH ($9.6B) and Stakes 3.14M ETH
Bitmine Immersion Technologies said its Ethereum position has surpassed 4.66 million ETH, valued at about $9.6 billion, alongside $1.1 billion in cash for roughly $11 billion in total crypto and cash. The company added 65,341 ETH (around $138 million) over the past week and has already staked more than 3.14 million ETH, a level it expects could generate about $272 million per year at current yields.