Bitmine Chairman Tom Lee announced that the Ethereum treasury company currently holds no liabilities, emphasizing the attractiveness of the recent market correction. Lee shared on the X platform that Bitmine has updated its ETH and cash holdings, with a significant portion of its Ethereum staked. As of February 1, Bitmine has staked 2,897,459 ETH, representing approximately 67% of its total Ethereum holdings. This marks an increase of 888,192 ETH from the previous week. The annual value of Ethereum staking rewards is projected to reach $374 million, translating to about $1 million per day.