A post by @WuBlockchain on X.

BitMine acquired 8,573 ETH over the past week, bringing its total holdings to 6,060,506 ETH—roughly 4.9% of Ethereum's total supply. The company has staked 5,227,037 ETH, or about 86% of its position, signaling a long-term hold strategy. Total crypto, cash, marketable securities and other investments stand at approximately $14.5 billion, including $498 million in cash and marketable securities. As one of the largest corporate ETH treasuries, BitMine's continued accumulation adds to institutional demand pressure on Ethereum's circulating supply. Watch for whether the company continues weekly purchases and how its staking position evolves, as further accumulation by large treasuries could tighten ETH's liquid supply.