Bitmine Immersion Technologies (NYSE: BMNR) announced it added another 28,086 Ether to its holdings last week, valued at approximately $69.4 million at Tuesday's price. This purchase increases Bitmine's total Ether holdings to 5.93 million ETH, representing about 4.9% of Ethereum's circulating supply and nearing its goal of controlling 5%. The company has been purchasing Ether weekly since June 2025 and currently has about 85% of its ETH holdings staked, projecting annualized staking revenue of approximately $330 million.