PANews reported on March 23 that, according to PR Newswire, NYSE American listed company Bitmine Immersion Technologies (BMNR) purchased 65,341 Ethereum (ETH) in the past week, significantly higher than its previous weekly purchase pace of approximately 45,000-50,000 ETH. Its ETH holdings have increased to 4,660,903, representing approximately 3.86% of the total ETH supply, and the company plans to increase its holdings to 5%. As of March 22, the company held approximately $6.5 billion worth of ETH (at $2,072 per ETH), 196 BTC, approximately $200 million worth of Beast Industries, $95 million worth of Eightco Holdings (ORBS) equity, and approximately $1.1 billion in cash, totaling approximately $11 billion in crypto assets and cash. Bitmine currently has approximately 3.14 million ETH staked, generating an annualized staking income of approximately $184 million, and plans to launch its self-developed staking infrastructure, MAVAN, in the first quarter of 2026.