🚨#Bitmine added another 28,086 $ETH , bringing its treasury to a massive 5.93M #ETH
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💎 ETH holdings: 5.93M
🎯 97% toward its 5% supply goal
💰 Average cost: $2,495/ETH
📉 Unrealized loss: ~$5.1B
🔒 Staked ETH: 5.1M
💵 Annualized staking revenue: ~$330M

ETH is trading near $2,489, meaning BitMine's average entry remains significantly underwater.
Yet the company continues accumulating aggressively, betting that staking yield + long-term ETH appreciation can outweigh today's paper losses.
⚠️ Big conviction, massive exposure. #Ethereum #Ethereum✅