BitMine reveals 5.18M ETH holdings and $297M staking revenue, marking its rise as a dominant institutional player in Ethereum staking.
Key takeaways
- BitMine Discloses Massive 5.18 Million ETH Holdings Amid Staking Boom
- BitMine just revealed it holds 5.18 million ETH—more than 4% of Ethereum’s total circulating supply—in the company’s first public breakdown of its holdings. The disclo...
- This volume isn’t just a flex; it’s a statement. With Ethereum’s total circulating supply hovering near 120 million, BitMine’s wallet commands enough to influence both...
- BitMine’s holdings, valued at over $18 billion at current prices, put it in the same league as Lido and Coinbase, the industry’s largest ETH staking pools. The company...
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Canonical source: https://mlxio.com/crypto/bitmine-5-18m-eth-staking-revenue
