ForkLog reports that BitMine bought 9587 ETH over the week. As of November 8, the company’s reserve stood at 6.07 million ETH, or 4.97% of Ethereum’s total supply.
A total of 5.23 million ETH is staked, representing about 86% of the holdings. At the current yield, BitMine expects to earn about $309 million a year from them.