BitMine Is Taking Ethereum Treasuries to a New Scale

BitMine began its Ethereum treasury strategy a little over a year ago. Today, a single public company already owns 5.815 million ETH, equivalent to approximately 4.8% of the asset’s total supply.Its stated goal is to reach 5%.That means the company is close to owning roughly one out of every twenty ETH in existence. More than 5 million of those tokens are already being staked.The numbers are large enough to change the scale of corporate Ethereum treasuries.When companies first be