BitMine Increases Ethereum Holdings, Prepares Proprietary Staking Infrastructure

BitMine Immersion Technologies, the largest holder of Ethereum (ETH), announced on the 29th that its ETH holdings have reached 4,115,525 ETH. The company also reported that as of the 28th, the total amount of ETH staked by the company has reached 408,627 ETH. In addition to Ethereum, the company's assets include 192 BTC, shares in the Worldcoin Financial Strategy firm EightCo Holdings (ORBS), and $1 billion in cash. The total value of these assets has reached $13.2 billion (approximately 2 trillion yen). The value of Ethereum holdings now constitutes 3.41% of the total ETH supply (120.7 million ETH).