Bitmine Reports $16.2 Billion in Crypto Holdings With 6 Million ETH
Published Updated 6 new reports since it was first published
BitMine said its Ethereum treasury rose by 12,532 ETH over the prior week, bringing holdings to 6,028,946 ETH. The company said that stake equals 4.9% of Ethereum’s 122.1 million token supply, and one report put its ether at roughly $15.3 billion at current prices. Separate coverage also tied the latest holdings to an 84% staking rate and a projected $363 million in annualized staking revenue.
What this rests on
Market reaction
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Coinpedia
scoop
Unchained
adds
BeInCrypto
adds
MEXC
echo
The Coin Republic
adds
Where this sits in the Ethereum series
| When | What happened | Figure |
|---|---|---|
| 1.0 years ago | ETH a 4.245 $ high | today it sits -43.5 % from there |
| 4 months ago | ETH a 1.566 $ low | today it sits +53.3 % from there |
From what we have stored, starting 1.0 years ago.