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Bitmine purchased 71,179 ETH last week, bringing its holdings to 4.732 million ETH

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March 30th, according to PR Newswire, Bitmine Immersion Technologies (BMNR) disclosed that it purchased 71,179 ETH last week. The company currently holds 4,732,082 ETH, accounting for approximately 3.92% of the total ETH supply. Of this amount, 3,142,643 ETH have been staked, valued at approximately $6.3 billion at $2,005 per ETH. The company stated that its crypto assets, "moonshots" investments, and cash total approximately $10.7 billion, including 197 BTC, a $200 million investment in Beast Industries, a $102 million investment in Eightco Holdings (ORBS), and $961 million in cash. Bitmine indicated that it has increased its ETH staking scale through its self-developed staking platform MAVAN and aims to acquire 5% of the ETH supply as a long-term goal.
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