BITMINE JUST ADDED MORE ETH TO THE BAG 💀
Bitmine Immersion Technologies just bought an additional 9,926 ETH over the past week, bringing its total holdings to about 5.815M ETH.
Currently, Bitmine’s portfolio includes:
→ 5,815,164 ETH
→ 210 BTC
→ $73M shares in Eightco Holdings
→ $180M shares in Beast Industries
Notably, Bitmine has staked 5,067,309 ETH, worth approximately $9.6B.
What stands out to me here isn’t just the amount of ETH Bitmine is holding, but the proportion of ETH that’s being put into staking. They’re turning a massive pool of assets into a yield-generating position rather than letting it sit idle in the treasury.
Bitmine: “How much ETH do you need?”
Bitmine: “Yes.” 💀
If the trend of listed companies accumulating ETH continues to grow, the Ethereum treasury story could increasingly resemble a corporate accumulation race.
Brothers and sisters, do you think the model of companies collecting ETH and staking it will become Ethereum’s version of Strategy, or will the risks also balloon as the scale grows?
#ETH🔥🔥🔥🔥🔥🔥 #Bitmine
Bitmine Immersion Technologies just bought an additional 9,926 ETH over the past week, bringing its total holdings to about 5.815M ETH.
Currently, Bitmine’s portfolio includes:
→ 5,815,164 ETH
→ 210 BTC
→ $73M shares in Eightco Holdings
→ $180M shares in Beast Industries
Notably, Bitmine has staked 5,067,309 ETH, worth approximately $9.6B.
What stands out to me here isn’t just the amount of ETH Bitmine is holding, but the proportion of ETH that’s being put into staking. They’re turning a massive pool of assets into a yield-generating position rather than letting it sit idle in the treasury.
Bitmine: “How much ETH do you need?”
Bitmine: “Yes.” 💀
If the trend of listed companies accumulating ETH continues to grow, the Ethereum treasury story could increasingly resemble a corporate accumulation race.
Brothers and sisters, do you think the model of companies collecting ETH and staking it will become Ethereum’s version of Strategy, or will the risks also balloon as the scale grows?
#ETH🔥🔥🔥🔥🔥🔥 #Bitmine