Bitmine Stakes Extra 190K ETH, Locked Value Hits $10.8B as Holdings Steady at 5.18M

Bitmine Immersion Technologies holds 5,180,131 ETH (4.29% of ~120.7M supply, ~$12.3B at $2,370/ETH), with staked position expanded to 4,553,557 ETH (~$10.8B, 88% of holdings) after adding 190,800 ETH (~$451M), generating ~$297-352M annual yields via MAVAN. From ~4.14M ETH in January, it scaled via OTC buys like 61K (Mar 16), 65K (Apr 30), 101K (week to May 3), crossing 5M late April before staking surges including 162K (May 1). Chairman Tom Lee hails 'crypto spring' from CLARITY Act, tokenization, AI demand, and U.S.-Iran tensions, with treasury at $13.1B including 200 BTC and $700M cash, 86% to 5% goal.