tldr; Bitmine now holds 4.066 million ETH, valued at $13.2 billion in total crypto and cash assets, making it the largest Ethereum treasury globally with 3.37% of the total ETH supply. The company has also disclosed holdings of 193 Bitcoin, $1 billion in cash, and a $32 million equity position in Eightco Holdings. Bitmine is developing MAVAN, a U.S.-based ETH staking network set to launch in 2026. The company ranks second among public crypto treasuries globally and has seen significant stock trading activity recently.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This doesn't look good for Ethereum's decentralization.
I think the same about Strategy and Bitcoin.
How do the btc holdings of strategy affect the decentralization of bitcoin???
tldr; Bitmine now holds 4.066 million ETH, valued at $13.2 billion in total crypto and cash assets, making it the largest Ethereum treasury globally with 3.37% of the total ETH supply. The company has also disclosed holdings of 193 Bitcoin, $1 billion in cash, and a $32 million equity position in Eightco Holdings. Bitmine is developing MAVAN, a U.S.-based ETH staking network set to launch in 2026. The company ranks second among public crypto treasuries globally and has seen significant stock trading activity recently.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.