Bitmine's ether treasury hits 4.8 million ETH as stock listing moves to NYSE

Bitmine has accumulated 4.8 million ETH, representing 3.98% of all ether in circulation, and has staked $7.1 billion of it to generate $196 million in annualized staking revenue. The company is moving its stock listing to the NYSE, positioning itself as a major institutional player in Ethereum staking.

• →Bitmine now holds 4.8 million ETH, representing 3.98% of all circulating ether
• →The company has staked $7.1 billion worth of ETH to generate staking rewards
• →Bitmine is earning $196 million in annualized revenue from its staking operations
• →The company is transitioning its stock listing to the NYSE
• →This positions Bitmine as one of the largest institutional Ethereum stakeholders