BitMine is approaching 5% of ETH supply after adding 9,587 ETH.
BitMine said it purchased 9,587 ETH over the past week, bringing total holdings to 6,070,092 ETH, or about 4.97% of Ethereums supply. The company has 5,227,037 shares of ETH and said that holding its entire ETH holdings could yield about $359 million in annual reward on its seven-day staking yield of 2.65%. The total crypto investments, cash, tradable securities and other investments are about 14.3 billion dollars.