Bitmine Secures 5.96 Million ETH, Holding 4.9% of Total Supply

World's largest Ethereum holding company Bitmine Immersion Technologies has increased its Ethereum (ETH) holdings to 5.956378 million tokens, equivalent to 4.9% of the total supply. The company is now at 98% toward its goal of securing 5% of the total ETH supply. Approximately 85% of Bitmine's ETH holdings, or 5.067309 million coins, are staked. The company projects annual staking revenue will reach approximately $334 million based on current staking yields.