Bitmine raises ETH reserves to 5.96M tokens, assets at $15.8B
- —ETH reserves rose to 5.96 million tokens — 4.9% of supply
- —Total assets: $15.8 billion, including $549 million in cash and securities
- —5,067,309 ETH staked at $12.7 billion at a price of $2,513
- —The 'Alchemy 5%' goal is 98% complete after 15 months
Why it matters: The largest corporate holder of ETH keeps increasing its share, reducing free supply and supporting the asset's price.
Source: PR Newswire Blockchain