ChainCatcher report, according to Onchain Lens monitoring, BitMine staked 28,800 ETH via Coinbase Prime, valued at approximately $53.87 million. The company currently holds 4.8% of the total Ethereum supply of 120.7 million ETH, reaching 96% of its 5% accumulation target. BitMine holds the largest publicly listed Ethereum treasury in the world.
BitMine stakes 28,800 ETH via Coinbase Prime, holding 4.8% of the total supply.
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Summary
BitMine stakes 28,800 ETH via Coinbase Prime, valued at approximately $53.87 million, according to Onchain Lens. The company holds 4.8% of the 120.7 million ETH supply, nearing its 5% target. ETH news highlights that BitMine reportedly controls the largest public Ethereum treasury. This move coincides with ETH update reports tracking major on-chain activity.
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