#bitmineethholdingstop6million 🚨
BITMINE IS NOW ALMOST 5% OF $ETH
BitMine just crossed 6M ETH, holding 6,001,302 ETH
— about 4.9% of Ethereum’s supply.
💰
ETH holdings
: ~$16.2B
💵
Cash + securities: $672M
🔒
5.07M ETH
staked
📈
Staking revenue projected: ~$358M/year
Only ~104K
ETH
remains to reach the 5% target.
But buying is slowing: BitMine added 17,362 ETH last week vs 27,562 the week before.
The next question: after reaching 5%, where does the capital go?$BMNR
BITMINE IS NOW ALMOST 5% OF $ETH
BitMine just crossed 6M ETH, holding 6,001,302 ETH
— about 4.9% of Ethereum’s supply.
💰
ETH holdings
: ~$16.2B
💵
Cash + securities: $672M
🔒
5.07M ETH
staked
📈
Staking revenue projected: ~$358M/year
Only ~104K
ETH
remains to reach the 5% target.
But buying is slowing: BitMine added 17,362 ETH last week vs 27,562 the week before.
The next question: after reaching 5%, where does the capital go?$BMNR
