🪙 Bitmine last week collected an additional 24,266 ETH (~$75M), increasing its holdings to over 4.1 million ETH (~$12.9B), which is 3.45% of the total ETH supply.

The amount of ETH the company has staked has exceeded 1.2 million, with an annual yield rate of approximately 2.81% - equivalent to 35,296 ETH per year (~$110M).

Bitmine is also pushing forward the launch of its own staking network - MAVAN - this quarter, aiming for a long-term profit strategy from Ethereum.