EconomyHow Bitmine could reach its 5% Ethereum goal without buying more ETH
Bitmine continues to buy Ethereum, but staking rewards could allow it to reach its 5% ownership target with fewer additional purchases. The company reported holding 5.9 million ETH by Aug. 30, including more than 5.06 million staked. At the stated yield, modeled rewards could nearly close the gap, although Ethereum’s expanding supply and Bitmine’s decision on how much income to retain remain crucial.
How Bitmine could reach its 5% Ethereum goal without buying more ETH
Economy