🚨 BITMINE'S ETH BET SURGES TO 5.8M
• BitMine added 7,391 ETH over the past week, taking holdings to 5.8M ETH, or 4.8% of total supply
• 87% of reserves are staked, generating estimated annualized income of $257M
• Repurchased 3M shares, taking total buybacks to 19.1M since July 1 under a $4B authorization
• Available cash fell 78% in one month; its 5% ETH target = 229,800 ETH
• BitMine added 7,391 ETH over the past week, taking holdings to 5.8M ETH, or 4.8% of total supply
• 87% of reserves are staked, generating estimated annualized income of $257M
• Repurchased 3M shares, taking total buybacks to 19.1M since July 1 under a $4B authorization
• Available cash fell 78% in one month; its 5% ETH target = 229,800 ETH