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Bitmine Reaches Ethereum Holdings Milestone with 5.8 Million Tokens

Guavy AI Editorial Team
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Bitmine Immersion Technologies (BMNR) has announced that its Ethereum holdings have reached 5.8 million tokens, representing approximately $10.9 billion at the current price of $1,880 per ETH.

This marks a significant milestone for the company, which is on track to achieve its goal of acquiring 5% of the total ETH coin supply.

Bitmine's Ethereum holdings are now comprised of 5,797,813 ETH, with a value of approximately $10.9 billion at the current price.

The company has also staked over 4.9 million ETH on its MAVAN platform, generating an annualized staking revenue of $247 million.

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