Bitmine added 9,587 ETH last week, bringing its total holdings to 6.07 million.

BlockBeats news, November 9 - According to PR Newswire, Bitmine Immersion Technologies (NYSE: BMNR) has released its latest asset status. As of 2:00 PM Eastern Time on November 8, the company holds 6,070,092 ETH (valued at $2,234 per token), 216 BTC, approximately $180 million in Beast Industries equity, $75 million in Eightco (NASDAQ: ORBS) equity, and $475 million in cash and marketable securities; the total of crypto assets, cash and marketable securities, and "moonshot" investments amounts to approximately $14.3 billion.

The company stated that it increased its holdings by 9,587 ETH in the past week; its ETH holdings account for approximately 4.97% of the current supply of 122.2 million tokens, completing about 99% of its goal to "hold 5% of ETH supply." In terms of staking, the staked ETH has reached 5,227,037 tokens, valued at approximately $11.7 billion at the aforementioned price; Chairman Tom Lee stated that based on the 7-day annualized staking yield of 2.65%, the estimated annualized staking revenue at the current staking scale is approximately $309 million, and approximately $359 million if all ETH is staked.