Exchanges· ★★★★· bullish·

BitMine's Ethereum holdings top 6 million ETH, 84% staked

  • —ETH holdings rose to 6,001,302 ETH, or 4.9% of total supply
  • —ETH stash is worth about $16.1 billion; total assets hit $17.2 billion
  • —5,067,309 ETH is staked, equal to 84% of holdings
  • —Annualized staking revenue is estimated at $358 million
Why it matters: The company is closing in on its goal of holding 5% of ETH supply, deepening its sway over the market and staking.
Source: CoinDesk Japan