BitMine, described in the source as the largest Ethereum treasury company, increased its ETH holdings by 32,447 coins last week. As of Aug. 23, the company held 5,847,611 ETH, equal to about 4.8% of Ethereum’s total supply.
The report said BitMine’s total crypto, cash and other investment assets were worth about $14.9 billion. That figure includes $308 million in cash and marketable securities, 210 BTC, $180 million in equity assets tied to Beast Industries, and an $89 million investment in Eightco Holdings (ORBS).
BitMine’s staked ETH remained at 5,067,309, representing 87% of its total ETH holdings. Those staked assets were valued at about $12.4 billion, with current annualized staking income running at roughly $330 million, according to BlockBeats.
BitMine, identified by BlockBeats as the largest Ethereum treasury company, added 32,447 ETH last week.
As of Aug. 23, BitMine’s total Ethereum holdings stood at 5,847,611 ETH, or about 4.8% of Ethereum’s total supply. The company’s crypto holdings, cash and other investment assets were valued at about $14.9 billion. That total includes $308 million in cash and marketable securities, 210 BTC, $180 million in Beast Industries equity assets, and an $89 million investment in Eightco Holdings (ORBS).
Its staked Ethereum remained at 5,067,309 ETH, equal to 87% of its total holdings. Those staked assets were worth about $12.4 billion, with current annualized staking yield estimated at about $330 million.
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