BlockBeats News, August 24th, the largest Ethereum treasury company BitMine increased its Ethereum holdings by 32,447 coins last week. As of August 23rd, its total Ethereum holdings reached 5,847,611 coins, accounting for approximately 4.8% of the total Ethereum supply.
Currently, BitMine holds a total of approximately $14.9 billion in cryptocurrency, cash, and other investment assets, including $3.08 billion in cash and marketable securities, 210 Bitcoins, $180 million in Beast Industries equity assets, and a $89 million investment in Eightco Holdings (ORBS). Additionally, it has staked a constant amount of 5,067,309 Ethereum, representing 87% of its total holdings, with a value of around $12.4 billion. The current annualized staking revenue is approximately $330 million.

