On May 17, BitMine announced it added 71,672 ETH last week, bringing total holdings to over 5.27 million ETH, or approximately 4.37% of total supply, with total assets valued at around 12.6 billion US dollars. Over 89 percent of its holdings are staked, generating approximately 289 million US dollars in annualized staking yield. The firm is targeting 5 percent of total supply and is accelerating toward that milestone.
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