Bitmine increased its holdings by 71,524 ETH last week, bringing its total holdings to over 4.87 million ETH, representing more than 4% of the total supply.

CoinFeed reported on April 13th that, according to PR Newswire, Bitmine Immersion Technologies announced its ETH holdings have reached 4,874,858 (approximately $10.66 billion), representing about 4.04% of the total Ethereum supply. The company purchased an additional 71,524 ETH (approximately $156 million) last week. Currently, approximately 3.33 million ETH are staked, generating an annualized staking income of approximately $212 million. The company's total crypto assets, cash, and investments amount to $11.8 billion, and it plans to advance its goal of reaching 5% of the ETH supply.