Bitmine reported holding 6,070,092 $ETH as of Nov. 8 in an update filed with the SEC on Nov. 9. The company estimated that its holdings represented 4.97% of Ethereum's supply.
The staking figure tells a different part of the story: Bitmine reported 5,227,037 ETH staked, unchanged from its Nov. 1 snapshot. That's roughly 86% of its current ETH holdings. Treasury holdings and staked holdings are two separate numbers to watch in future updates.
Source: https://www.sec.gov/Archives/edgar/data/1829311/000149315226050647/ex99-1.htm
#Ethereum #Staking #CorporateTreasury
The staking figure tells a different part of the story: Bitmine reported 5,227,037 ETH staked, unchanged from its Nov. 1 snapshot. That's roughly 86% of its current ETH holdings. Treasury holdings and staked holdings are two separate numbers to watch in future updates.
Source: https://www.sec.gov/Archives/edgar/data/1829311/000149315226050647/ex99-1.htm
#Ethereum #Staking #CorporateTreasury
