Bitmine Adds 71K ETH, Now Holds 4.73M ETH

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The post Bitmine Adds 71K ETH, Now Holds 4.73M ETH appeared first on Coinpedia Fintech News

Tom Lee’s Bitmine Immersion added 71,179 ETH last week, bringing total Ethereum holdings to 4.73 million ETH, roughly 3.92 percent of the circulating supply. The company’s combined crypto and cash assets now stand at 10.7 billion dollars. Out of this, 3.14 million ETH is staked, generating around 177 million dollars in annual rewards. The move highlights Bitmine’s growing presence in the Ethereum market and the rising institutional interest in staking and long-term crypto investment.