According to a report by PR Newswire, as reported by ChainCatcher, BitMine increased its holdings by 65,341 ETH last week, higher than the previous weekly average of approximately 45,000 to 50,000 ETH. As of now, its total Ethereum holdings stand at 4,660,903 ETH, representing approximately 3.86% of the total ETH supply, making it still the world's largest Ethereum treasury holder.
Currently, approximately 3,143,000 ETH are staked, representing about 67% of its total holdings. In addition, its total reserves of crypto assets, cash, and related investments are valued at approximately $11 billion.
