BitMine Stakes 28,800 ETH via Coinbase Prime, Reaching 96% of Target

BitMine stakes 28,800 ETH worth $53.87M through Coinbase Prime. The firm now holds 4.8% of total supply, nearing its 5% accumulation goal as the largest public ETH treasury.

Woofun AI reports that BitMine has staked 28,800 ETH via Coinbase Prime, a position valued at approximately $53.87 million. The entity currently controls 4.8% of Ethereum's total supply of 120.7 million ETH, having achieved 96% of its stated 5% accumulation target. BitMine maintains its status as the holder of the world's largest publicly traded Ethereum treasury.