BitMine chairman Tom Lee revealed that the company's $13 billion Ethereum holdings are expected to generate over $400 million in annual pre-tax income, primarily from staking. Despite cost savings of around $400 million through recent ETH purchases, their current position still reflects an unrealized loss of $2.3 billion since July last year. BitMine also invested $200 million in YouTuber MrBeast’s Beast Industries, anticipating a potential 10-fold return, and plans to launch a mobile app along with significant investments in tokenization.

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