Bitmine Reports $16.2 Billion in Crypto Holdings With 6 Million ETH
- Published
- Updated
- Since then
- 6 new reports
- In
- Ethereum
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.
Key claims & sources
Market reaction i
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.
Coverage timeline
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.
Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 29 days ago | Ethereum News: BitMine To Halt Buying at 5% ETH Supply Cap event | 2 actors in common · 2 news media |
| 30 days ago | Bitmine's Relentless Ethereum Buying Is About to End, Tom Lee Says event | 2 actors in common · 4 news media |
| 30 days ago | Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases event | 2 actors in common · 4 news media |
| 30 days ago | BitMine sets 5% Ether supply ‘hard cap’ as accumulation target nears event | 2 actors in common · 6 news media |
| 32 days ago | BitMine Lifts ETH Treasury to 6.02 Million With Smallest Buy Since Mid-August event | 2 actors in common · 8 news media |