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. Additionally, as of the 28th, the total amount of ETH staked by the company has reached 408,627 ETH.

The company's assets, in addition to Ethereum, include 192 BTC, shares in Worldcoin Financial Strategy Corporation EightCo Holdings (ORBS), and $1 billion in cash. The total value of these assets has reached $13.2 billion (approximately 2 trillion yen).

The Ethereum holdings now account for 3.41% of the total ETH supply (120.7 million ETH)...