BitMine (BMNR) added 8,573 ETH last week, bringing its total holdings to 6,060,506 ETH as of November 1 — approximately 4.9% of the total Ethereum supply.
The company's combined crypto assets, cash, marketable securities, and other investments now total roughly $14.5 billion, including $498 million in cash and marketable securities, 216 BTC, a $180 million equity stake in Beast Industries, and an $82 million stake in Eightco Holdings (ORBS). BitMine has staked 5,227,037 ETH, representing 86% of its holdings, worth about $11.8 billion at $2,261 per ETH, generating approximately $358 million in annualized staking revenue.
BitMine Tops Up 8,573 ETH, Holdings Hit 6.06M ETH Worth ~$14.5B Portfolio
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
