Bitmine boosts Ethereum treasury to 4.47 million ETH as portfolio approaches $9.9 billion

Bitmine Immersion Technologies reported holding 4,473,587 ETH as of March 1, representing 3.71% of the 120.7 million ether supply and valuing its combined crypto, cash and equity positions at $9.9 billion. Around 3,040,483 ETH is currently staked, generating an annualized $172 million based on a 2.86% seven-day yield, while the company also disclosed a $200 million investment in Beast Industries and a $14 million stake in Eightco Holdings.