Bitmine bought 111,942 ETH in the past week, with total assets and holdings of $12.3 billion

In comparison, BitMine Immersion Technologies' total crypto assets, total cash, and “lunar landing project” holdings reached $12.3 billion.

The holdings include 5,390,404 ETH worth $2,134 per unit, 203 bitcoins, $200 million in Beast Industries shares, $95 million in Eightco Holdings, and $444 million in cash. Its ETH holdings account for 4.47% of the total ETH supply. The company bought a total of 111,942 ETH in the past week.

Furthermore, as of May 25, the company's total amount of staked ETH was 4,712,917, worth $10.1 billion. The 7-day annualized yield generated by its own staking business was 2.75%, and the annualized staking rewards are expected to reach $276 million. The company is currently the world's largest financial reserve entity for ETH companies.