Data: Bitmine Purchased 111,942 ETH in the Past Week, Total Assets and Holdings Reach $12.3 Billion

Foresight News reports that BitMine Immersion Technologies announced its total crypto assets, cash reserves, and 'Moonshot Project' holdings have reached $12.3 billion. The holdings specifically include 5,390,404 ETH, valued at $2,134 per token, 203 Bitcoin, $200 million in Beast Industries shares, $95 million in Eightco Holdings shares, and $444 million in cash. Its ETH holdings account for 4.47% of the total ETH supply. Over the past week, the company purchased a total of 111,942 ETH. Additionally, as of May 25, the company’s total staked ETH amounts to 4,712,917 tokens, valued at $10.1 billion. The 7-day annualized yield generated by its staking operations is 2.75%, with annualized staking rewards estimated at $276 million. The company is currently the largest corporate treasury holder of ETH globally.