Bitmine Nears 5% Ethereum Supply Target as Treasury Hits $11.6 Billion

11-Aug-2026 TronWeekly
BitmineBitmine’s Ethereum treasury has grown to 5.81 million ETH, bringing the company closer to its goal of owning 5% of Ethereum’s total supply. The firm is also expanding its staking operations, targeting up to $294 million in annualized rewards while continuing share buybacks and weekly ETH purchases.
Also read: Coinsbuy Announces $100K Reward After Sunday Security Breach
WHAT'S YOUR OPINION?
Related News