BitMine increased its holdings by 60,999 ETH last week, bringing its total holdings to 4.596 million ETH.

CoinFeed reported on March 16th that, according to PR Newswire, Bitmine Immersion Technologies (BMNR) disclosed that its total assets in crypto assets, cash, and "moonshots" amount to approximately $11.5 billion. This includes holdings of approximately 4.596 million ETH (approximately 3.81% of the total ETH supply), 196 BTC, $1.2 billion in cash, and equity investments in projects such as Beast Industries and Eightco Holdings (ORBS). The company purchased an additional 60,999 ETH in the past week. Bitmine currently has approximately 3.04 million ETH staked, which, based on an annualized yield of approximately 2.81%, translates to an annualized staking income of approximately $180 million.