BitMine's Ethereum treasury has surpassed 6 million tokens, reaching an estimated value of $16.2 billion at current prices.
This milestone is a significant step towards BitMine's goal of acquiring 5% of Ethereum's total supply, which the company has dubbed 'the Alchemy of 5%.'
According to BitMine, its projected annualized staking revenue now stands at around $358 million.
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