BITMINE'S 40,613 ETH BUY PUSHES TREASURY TO 4.33M ETH

Summary from the TLDR Crypto newsletter

BitMine bought 40,613 ETH in a week to bring its treasury to 4,325,738 ETH (~$9.2B, ~3.58% of circulating supply), with 2,897,459 ETH (67%) now staked, generating about $202M annualized. The firm is nearing its target of 5% of ETH supply and is planning MAVAN staking rollouts that could boost staking revenue further.