According to on-chain analyst Onchain Lens, BitMine staked 28,800 ETH through Coinbase Prime, valued at approximately $53.88 million. After this staking, BitMine holds about 4.8% of the current total ETH supply, reaching approximately 96% of its 5% accumulation target. Based on current disclosures, BitMine is the largest publicly traded company by ETH holdings globally.
BitMine restakes 28,800 ETH, with holdings reaching 4.8% of the total supply.
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Summary
ETH news: BitMine restaked 28,800 ETH via Coinbase Prime, valued at approximately $53.88 million. ETH update: This brings its holdings to 4.8% of the total supply, reaching 96% of its 5% target. BitMine is now the largest publicly traded company by ETH holdings.
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