DEV Community

Cover image for BitMine Grabs 5.18M ETH and $297M Staking Revenue
MLXIO
MLXIO

Posted on • Originally published at mlxio.com

BitMine Grabs 5.18M ETH and $297M Staking Revenue

BitMine reveals 5.18M ETH holdings and $297M staking revenue, marking its rise as a dominant institutional player in Ethereum staking.

Key takeaways

  • BitMine Discloses Massive 5.18 Million ETH Holdings Amid Staking Boom
  • BitMine just revealed it holds 5.18 million ETH—more than 4% of Ethereum’s total circulating supply—in the company’s first public breakdown of its holdings. The disclo...
  • This volume isn’t just a flex; it’s a statement. With Ethereum’s total circulating supply hovering near 120 million, BitMine’s wallet commands enough to influence both...
  • BitMine’s holdings, valued at over $18 billion at current prices, put it in the same league as Lido and Coinbase, the industry’s largest ETH staking pools. The company...

👉 Read the full breakdown on MLXIO

Canonical source: https://mlxio.com/crypto/bitmine-5-18m-eth-staking-revenue

Top comments (0)