Ethereum treasury company Bitmine Immersion Technologies increased its holdings by 51,162 ETH last week. Currently, it holds 4,422,659 ETH, valued at approximately $86.6 billion based on $1,958 per ETH, accounting for 3.66% of the current total ETH supply. The company's total crypto assets and cash holdings amount to $9.6 billion, including 3,040,483 staked ETH (about $6 billion), 193 BTC, $200 million in Beast Industries investments, and $691 million in cash. Bitmine states that the annualized staking income is approximately $171 million and plans to launch the MAVAN staking solution in Q1 2026.

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