Total assets of approximately $14.3 billion, with Bitmine holding 6.07 million ETH

Odaily reports: Bitmine Immersion Technologies announced that as of 2:00 PM Eastern Time on November 8, the company holds 6,070,100 ETH, valued at $2,234 per token, along with 216 BTC, approximately $180 million in Beast Industries equity, $75 million in Eightco equity, and $475 million in cash and marketable securities; the aforementioned crypto assets, cash and marketable securities, and "moonshot" investments total approximately $14.3 billion. The company added 9,587 ETH over the past week, with its ETH holdings representing approximately 4.97% of the current supply, having completed approximately 99% of its goal to hold 5% of the ETH supply.

The company has staked 5.227 million ETH, worth approximately $11.7 billion at the aforementioned price. Chairman Tom Lee stated that based on the trailing 7-day annualized staking yield of 2.65%, the existing staking scale is expected to generate approximately $309 million in annualized staking revenue, and if all ETH is fully staked, annualized staking revenue is expected to be approximately $359 million.