Mon, 06 Apethereum

Bitmine's ether treasury hits 4.8 million ETH as stock listing moves to NYSE

Burns Brief

98% of all ether in circulation, has staked $7 Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $ETH for reaction — a decisive move above or below key levels will confirm the next trend.

The company now holds 3.98% of all ether in circulation, has staked $7.1 billion of it, and says it is generating $196 million in annualized staking revenue.

Key Takeaways