đš ONE COMPANY NOW HOLDS ALMOST 5% OF ALL ETH. đ
Bitmine just crossed a HUGE milestone.
đŠ 6,001,302 ETH now in its treasury
đ° Worth roughly $16.1B
đ More than 4.9% of Ethereumâs circulating supply
đŻ Only ~2% away from its 5% target
And they just bought another 17,362 ETH last week. đ„
What makes this interesting?
Bitmine isnât simply holding ETH.
More than 5 million ETH is already staked, turning a massive treasury into an active Ethereum position.
The bigger question is:
Why are institutions accumulating ETH at this scale? đ
Is Ethereum becoming the next major institutional treasury asset?
#Ethereum #ETH #Bitmine #crypto #BinanceSquare
Bitmine just crossed a HUGE milestone.
đŠ 6,001,302 ETH now in its treasury
đ° Worth roughly $16.1B
đ More than 4.9% of Ethereumâs circulating supply
đŻ Only ~2% away from its 5% target
And they just bought another 17,362 ETH last week. đ„
What makes this interesting?
Bitmine isnât simply holding ETH.
More than 5 million ETH is already staked, turning a massive treasury into an active Ethereum position.
The bigger question is:
Why are institutions accumulating ETH at this scale? đ
Is Ethereum becoming the next major institutional treasury asset?
#Ethereum #ETH #Bitmine #crypto #BinanceSquare
