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Bitmine Amasses 4.8% of Ethereum Supply as Staking Locks Up 5 Million ETH

Chainwire Read original source (opens in a new tab)
The Story

News Summary

  • Bitmine announced crypto holdings totaling $11.4 billion, including 5.82 million ETH representing 4.8% of total circulating supply.
  • Over 5 million ETH is actively staked on its MAVAN platform as the firm continues aggressive weekly ETH accumulation toward its 5% supply target.
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