- Entry
- $3,215.98
- Final
- $2,109.01 -34.4%
- Target
- —
- Score
- -1.00
BitMine has significantly expanded its [Ethereum](https://coinmarketcap.com/currencies/ethereum/) treasury, accumulating more than 4.14 million ETH, representing roughly 3.43% of the total circulating supply. Over $2 billion of this is currently staked, and the company still holds substantial cash reserves for future purchases. [https://btcusa.com/bitmine-accumulates-over-4-14-million-eth-now-holding-more-than-3-of-ethereum-supply/](https://btcusa.com/bitmine-accumulates-over-4-14-million-eth-now-holding-more-than-3-of-ethereum-supply/) With such a large share of ETH now concentrated in one corporate treasury, it raises a few questions for the broader ecosystem: • How might this level of accumulation impact staking distribution and decentralization? • Does this signify a …
— ORIGINAL POST ·
BitMine now holds over 4.14M ETH (~3.4% of total supply) — what does it mean for Ethereum?
· r/altcoin
· Jan 6, 2026