Lates News

According to PR Newswire, Bitmine announced that its cryptocurrency, cash and marketable securities, and "Moonshots" holdings total $15.8 billion. As of September 13, the company held 5,956,378 ETH at a unit price of $2,513, accounting for 4.9% of Ethereum's total supply of 122 million; it also held 212 Bitcoin, a $180 million stake in Beast Industries, a $98 million stake in Eightco Holdings, and $549 million in cash and marketable securities. The company has staked 5,067,309 ETH, worth $12.7 billion, with annualized staking revenue expected to be $334 million. Bitmine Chairman Thomas "Tom" Lee said the ETH/BTC ratio rose to its highest level since January 30 and established a new upward trend, reflecting Ethereum's strengthened position as Wall Street's tokenized settlement layer. Since launching its ETH treasury strategy on June 30, 2025, the company has bought ETH every week, adding 27,180 ETH in the past week.