Bitmine Immersion Technologies has increased its Ether holdings to 5.79 million ETH, adding nearly 10,000 ETH over the past week as Ethereum continued to outperform Bitcoin in recent market trading. The company said it now holds approximately 4.8% of Ethereum’s total circulating supply, making it the world’s largest corporate holder of Ether. According to Bitmine, around 4.9 million ETH, representing nearly 85% of its total holdings, are currently staked through the company’s validator infrastructure. Once all of its Ether is fully deployed across its staking network and partner validators, Bitmine expects to generate approximately $299 million in annualized staking rewards. The latest acquisition comes as Ether (ETH) has outperformed Bitcoin (BTC) over the past week.