[BitMine is approximately 76,000 ETH away from its 5% target, with annual staking income potentially reaching $400 million] According to an official announcement from BitMine, as of October 11, BitMine holds 6,028,946 ETH, accounting for 4.9% of the total ETH supply (122.1 million ETH). It is only about 76,000 ETH short of its '5% Alchemy' target, having completed 99% of the goal. The company’s management stated that ETH purchases are essentially complete. In terms of staking, BitMine currently has 5,067,309 ETH staked, with an annualized staking income of $336 million. If all holdings were staked, based on a 7-day staking yield of 2.61%, the annualized income is estimated to reach $400 million. As previously reported by PANews, BitMine increased its holdings by 12,532 ETH last week, bringing its total position to approximately 6.028 million ETH.
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