Wu Shuo learned that Ethereum’s largest treasury company, Bitmine (BMNR), announced that in the past week it increased its holdings by 27,562 ETH. As of September 20, the company held a total of 5,983,940 ETH, accounting for 4.9% of Ethereum’s total supply. It has completed about 98% of its goal to hold 5% of the total ETH supply. Of that, 5,067,309 ETH has been used for staking, calculated at $2,688 per coin, worth approximately $13.6 billion. The company’s total holdings of crypto assets, cash and marketable securities, and other investments are valued at about $17.1 billion, including $714 million in cash and marketable securities.