BitMine Adds 27,084 ETH Last Week, Total Holdings Reach 5.7 Million

According to the announcement, BitMine last week increased its holdings by 27,084 ETH, as of June 28 total holdings reached 5,700,040, accounting for about 4.7% of the total Ethereum supply, completing 94% of its goal of "holding 5% of ETH supply." According to BitMine's disclosure, the company's total value of crypto assets, cash and other investments is about $9.8 billion, including $555 million in cash and securities, 206 Bitcoin, $180 million in Beast Industries equity and $74 million in Eightco investment; staked ETH increased to 4.879 million, accounting for over 85% of total holdings, with an annualized staking yield of about $211 million, further solidifying its position as the world's largest ETH reserve institution.