BitMine's ethereum holdings increase to 6,041,481, accounting for 4.9% of total supply.

BitMine increased its holdings by 12,535 Ethereum last week. As of October 18th, its total holdings reached 6,041,481 Ethereum, accounting for approximately 4.9% of ETH’s total supply. Currently, the total value of BitMine’s cryptocurrencies, cash, and other investment assets is around $15.1 billion, including $582 million in cash and securities, 215 Bitcoin, $180 million in BeastIndustries equity assets, and a $74 million investment in EightcoHoldings (ORBS). In addition, BitMine has staked 5,067,309 Ethereum; calculated at $2,365 per Ethereum, the value is $12 billion.