Bitmine boosts Ethereum treasury to $12.6B, now holds 4.37% of total ETH supply

Bitmine Immersion Technologies said its cryptocurrency treasury has climbed to $12.6 billion after purchasing an additional 71,672 ETH during the recent market pullback. The company now holds 5.28 million ETH, representing about 4.37% of Ethereum's total supply. Bitmine added that it has staked 4.7 million ETH via its proprietary MAVAN validator network.