BitMine just hit up their treasury update and now they’re sitting on exactly 5,956,378 ETH tokens plus a fat 15.8 billion dollars in combined crypto cash and moonshots as of September 13.
Staking Scene Looks Solid at 85% 📈
They valued it all at 2,513 dollars per token and this week they scooped another 27,180 ETH even tho they have been buying every single week since June 30 2025. That pile equals 4.9 percent of the whole 122 million ETH supply and they’re basically 98 percent done with their big 5 percent Alchemy goal. Out of that they got 5,067,309 ETH staked for 12.7 billion dollars which is 85 percent of the bag through their own MAVAN setup and that stake ratio has barely moved. Chairman Tom Lee is projecting 334 million dollars in yearly staking rewards rising to 392 million once everything is locked in at a 2.62 percent yield. He also noted ETH crushed it in Q3 beating the S&P by 5,866 basis points and the ETH to BTC ratio just hit its highest point since January 30 ✨.
Cash Stack Dipped to 549 Million 💸
Cash and securities landed at 549 million down from 593 million last week and they also hold 212 BTC plus a 180 million dollar spot in Beast Industries and 98 million in Eightco Holdings 🖤. BitMine has been trading heavy at 924 million average daily volume and their ETH pile ranks number one among all corporate treasuries.
The PR link above gives more deets if you wanna peek 👀.
Just another echo from the void by iconofsin.eth 💖
