Bitmine Acquires 12,535 ETH to Push Treasury Above 6.04 Million Tokens

TL;DR Bitmine purchased 12,535 ETH, increasing its holdings to 6,041,481 tokens, equivalent to 4.9% of Ethereum’s circulating supply. The company has 5.06 million ETH staked, approximately 84% of its holdings, and estimates annualized revenue of $309 million. Its total assets, including cryptocurrencies, cash, marketable securities, and other investments, reached $15.1 billion. Bitmine Immersion Technologies acquired 12,535 ETH over the past week, bringing its Ethereum holdings to 6,041,481 tokens , according to the company’s latest financial update . At a reference price of $2,365 per ETH, its holdings are currently valued at approximately $14.3 billion . The company now controls 4.9% of the 122.1 million ETH in circulation , making it one of Ethereum’s largest corporate holders.

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