bitmine prediction - Bitmine Near 5% ETH Supply Target as Holdings Reach 4.87M ETH
Bitmine’s ETH holdings hit 4.87M as of April 12, or 4.04% of the 120.7M circulating supply. At an ETH price of $2,206, the stash is valued at $10.7 billion. Total crypto and cash assets reached $11.8 billion. The firm is nearing its 5% supply target after nine months of buying. ETH analysis shows 3.33M ETH is staked, generating $212M in annual staking revenue.
Bitmine Immersion Technologies Ethereum holdings reached 4,874,858 ETH as of April 12, equal to 4.04% of the circulating supply of 120.