Bitmine Immersion Technologies has significantly increased its Ethereum reserves to 6.04 million ETH, representing approximately 4.9% of the total Ethereum supply. In the past week alone, the company acquired an additional 12,535 ETH. As of October 18, Bitmine reported that the total value of its crypto assets, cash, securities, and strategic investments has reached $15.1 billion. Out of its holdings, 5.07 million ETH is currently staked, which could yield an estimated annual income of $309 million. The company aims to raise its Ethereum stake to 5% of the overall supply, claiming it has already achieved 99% of this goal.