Bitmine purchased 111,942 ETH in the past week, with total assets and holdings reaching $12.3 billion
Odaily reports that BitMine Immersion Technologies' total holdings in crypto assets, cash, and "Moonshot Project" positions amount to $12.3 billion.
The holdings specifically include 5,390,404 ETH valued at $2,134 per coin, 203 Bitcoin, $200 million in Beast Industries shares, $95 million in Eightco Holdings shares, and $444 million in cash. Its ETH holdings account for 4.47% of the total ETH supply. Over the past week, the company purchased a total of 111,942 ETH.
Additionally, as of May 25, the company's total staked ETH amounted to 4,712,917 coins, valued at $10.1 billion. The 7-day annualized yield generated by its own staking operations was 2.75%, with annualized staking rewards expected to reach $276 million. The company is currently the world's largest corporate treasury holder of ETH.
