Bitmine reports $17.1B crypto and cash holdings
The company holds 5.98 million ETH, representing 4.9% of the supply, and projects significant staking revenues from its MAVAN platform.
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Ethereum treasury and digital asset platform
bitminetech.ioLast updated
In short: Bitmine accumulated ~5% of all Ethereum, topping 6M ETH and $17.2B in holdings, with staking revenue projected at $330M.
The company holds 5.98 million ETH, representing 4.9% of the supply, and projects significant staking revenues from its MAVAN platform.
The firm holds 5.93 million ETH tokens, operates the MAVAN staking platform, and aims to acquire five percent of the total Ethereum supply.
The company also discloses total crypto, cash, and marketable securities portfolio valued at $15.6 billion, alongside updates on its institutional Ethereum staking platform MAVAN and ongoing weekly acquisitions.
The portfolio includes Bitcoin, cash, strategic equity stakes, and over five million staked Ether, totaling nearly fourteen point nine billion dollars across all assets.
The price of Ethereum (CRYPTO: $ETH) is down 5% on news that crypto treasury firm Bitmine Immersion...
BitMine Immersion Technologies has crossed 6 million ETH in its treasury, reaching 98% of its goal to hold 5% of Ethereum's total supply. The ...
BitMine had staked 5.067 million ether, or roughly 85% of its position. It projected $357 million of annual staking revenue using a 2.62% seven-day yield...
Bitmine Immersion Technologies (NYSE: $BMNR) purchased another $75 million U.S. of Ethereum (CRYPTO: $ETH) amid...
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