$ETH BitMine disclosed that in the past week, it increased its holdings by 40,302 ETH, reaching a total of 4.24 million ETH, accounting for 3.52% of the circulating supply. The 2.009 million staked ETH is expected to generate an annualized yield of $164 million. If all ETH are staked, the annual revenue could reach $374 million. The company plans to establish validation node infrastructure in the United States by 2026.

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