Bitmine’s 4.8 Million ETH Treasury Puts Pepeto, SOL and XRP in the Same Capital Race

Bitmine’s 4.8 Million ETH Treasury Puts Pepeto, SOL and XRP in the Same Capital Race

N
News Editor 01
2026-07-23 11:25:15
Bitmine disclosed 4,803,334 ETH and a NYSE uplisting, adding a fresh institutional angle to a promotional comparison involving Pepeto, SOL and XRP.
BitmineETHNYSEPepetoSOL

Bitmine disclosed $11.4 billion in combined crypto and cash holdings, including 4,803,334 ETH valued at $2,123 per token. The company also said its shares would move from NYSE American to the main New York Stock Exchange board effective April 9. In the source material, that balance sheet shift is framed as a clear sign that institutional money is still moving into crypto, especially into ETH.

The same report says Bitmine stakes 3.3 million ETH, generating about $196 million in annual staking revenue, and is targeting 5% of the entire ETH supply. Those figures place the company’s ETH strategy at the center of the article’s argument. This is not presented as a small treasury allocation. It is described as a large-scale capital commitment tied directly to public markets.

Bitmine’s ETH position sets the benchmark for the rest of the piece

The article uses that treasury build as a reference point for where conviction sits during a fear-driven market phase. From there, it shifts into a comparison between established large-cap tokens and an early-stage presale project. SOL and XRP are still described as assets worth holding, but the source argues that some capital is rotating toward earlier entries that already claim to have working products.

Pepeto is the project highlighted most aggressively in that comparison. According to the source, it has raised more than $8.8 million during a period of extreme fear and has a Binance listing approaching. The article says PepetoSwap is built as a zero-fee trading hub, while a risk-scoring system checks token contracts before a buyer confirms a trade, flagging hidden fees, liquidity traps, and signs of fake projects.

Pepeto’s pitch rests on presale access, staking, and product claims

The same material says holders can earn 186% APY through staking with automatic compounding. It also states that the token has a supply of 420 trillion, that its contracts were cleared by SolidProof, and that a cofounder linked to the original Pepe coin is involved. Another claim in the source says analysts see room for a 100x move from $0.000000186 if the Binance listing goes live, though that is presented as promotional analysis rather than independently verified reporting.

SOL is discussed in more conventional market terms. The article says SOL trades at $83, down from a $295 January peak, a decline of 73%. It also says spot ETF inflows above $1 billion have not reversed that trend, while forecasts in the piece put SOL in an $85 to $90 range by the end of April.

XRP is listed at $1.35 in the source and described as having given back much of its earlier 2026 gains during the broader market correction. The article adds that spot XRP ETF inflows remain positive even as price action stays flat. That framing is used to support the broader point that presale buyers are chasing a different return profile from traders sticking with established large caps.

A capital-flow story mixed with project marketing

Structurally, the piece combines a verifiable institutional treasury story with promotional language around a presale token. The clearest factual elements are Bitmine’s disclosed ETH holdings, valuation, staking size, annual staking revenue, and NYSE uplisting date, along with the market figures cited for SOL, XRP, and Pepeto. Claims about future upside, especially around a Binance listing and projected multiples, come from the source article’s promotional framing and should be separated from confirmed exchange filings or official listing notices.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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