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Ethereum 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.

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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.

Why this matters

Ethereum is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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