BitMine Boosts ETH Holdings by 101,600; Total Stake Nears 5 Million ETH

BitMine has added 101,600 ETH to its Ethereum holdings, lifting its total stake to 4.9765 million ETH—about 4.12% of Ethereum's total supply—according to a Wu Blockchain post cited by CoinDesk. The company's assets are estimated at roughly $12.9 billion, including $1.12 billion in cash, 199 BTC, and various equity investments. About 3.33 million ETH have been staked, valued at around $7.7 billion, with an annualized yield estimated at about $221 million.