BITMINE IMMERSION FORMED A GOLDEN CROSS WHEN HOLDINGS EXCEEDED 6 MILLION TOKENS #ETHEREUM

BitMine Immersion formed a Golden Cross on 28/9 when its holdings of $ETH surpassed 6 million tokens, equivalent to about 4.8% of the circulating supply.

If it maintains its current buying pace, BitMine could exceed 5% of the total supply of $ETH this month.

The company holds $ETH worth more than $16 billion and estimates annualized staking revenue of about $358 million from more than 5.1 million ETH staked.