
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
More on this
Exchanges · Sep 21Bitmine's ETH Holdings Reach 5.98 Million Tokens, Total Crypto and Cash at $17.1 Billion
Exchanges · yesterdayXRP Holds $1.52, Bitmine Tops 6M ETH, Binance Rolls Out SpaceX Tokenized-Stock Campaign
Markets · Sep 20Ethereum at $2,443: BitMine accumulates 5.96 million ETH, resistance at $2,500-$2,550