BitMine increases ETH holdings to 5.98 million

As of September 20, BitMine (Bitmine) held 5,983,940 ETH, representing 4.9% of the total supply, following a purchase of 27,562 ETH over the past week. The company's total assets, including 212 BTC, equity investments in Beast Industries and Eightco Holdings, and $714 million in cash and securities, are valued at approximately $17.1 billion. BitMine has staked 5,067,309 ETH, which accounts for 85% of its total holdings, generating an estimated annual staking revenue of $357 million.