Bitmine Immersion Technologies bought another 8,573 ETH last week. As of November 1, Bitmine held 6,060,506 ETH, representing 4.9% of Ethereum’s total supply. The total value of Bitmine’s cryptocurrency, cash, and speculative investments was $14.5 billion. Chairman Tom Lee said the market’s limited reaction to the $6.3 billion hack of Binance showed increased market resilience. Lee expects annualized staking rewards to reach $415 million, up from the current $358 million, once Bitmine stakes all of its ETH holdings.