Update
BitMine’s ETH Stash Reaches 6.06 Million
Bitmine Immersion Technologies has increased its holdings of ETH to over 6.06 million tokens, approaching its 5% supply target. The company has staked 86% of its ETH, generating an estimated annualized staking revenue of $358 million, which could rise to $415 million if fully deployed. Chairman Tom Lee reaffirms the resilience of the crypto bull market, contrasting it with previous market reactions to similar events.