Skip to content
CoinMagnetic
DeFiNeutral

Bitmine Nears Goal of Controlling 5% of Ethereum Supply With $11.8 Billion Treasury

Source: Decrypt
Bitmine Nears Goal of Controlling 5% of Ethereum Supply With $11.8 Billion Treasury

The company says it now holds 5.79 million ETH, equal to 4.8% of the cryptocurrency's circulating supply, while expanding its staking operations and share buyback program.

Read original on Decrypt
CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

From our insights:

How to get up to on BingX in April 2026: campaign breakdownP2P в 2026: схема "чёрный треугольник" и как не попасть на блок карты

Get news first?

Follow our Telegram channel – we post the top news and analysis.

Follow the channel

Related news

Lido begins consolidating $16 billion worth of staked ETH as Curated Module v2 rolls out
DeFi

Lido begins consolidating $16 billion worth of staked ETH as Curated Module v2 rolls out

The Block
Lido begins moving $16.5 billion in staked ether to cut validator count by a third
DeFi

Lido begins moving $16.5 billion in staked ether to cut validator count by a third

CoinDesk
SEC warning over crypto yield vaults puts DeFi’s secret human controllers in the crosshairs
DeFi

SEC warning over crypto yield vaults puts DeFi’s secret human controllers in the crosshairs

CryptoSlate
Crypto steadies as Iran-U.S. pause sends oil tumbling, lifts risk assets
DeFi

Crypto steadies as Iran-U.S. pause sends oil tumbling, lifts risk assets

CoinDesk
Why Hashdex’s new crypto ETF keeps 100% of your initial staking yields and 40% of everything else
DeFi

Why Hashdex’s new crypto ETF keeps 100% of your initial staking yields and 40% of everything else

CryptoSlate
Two Ethereum bridges lose $31.7M within hours as third protocol halts staking
DeFi

Two Ethereum bridges lose $31.7M within hours as third protocol halts staking

CryptoSlate