BitMine now holds 5.8M ETH

BitMine added another **7,391 ETH** last week, bringing its treasury to **5,805,238 ETH**, or roughly **4.8% of total ETH supply**. Its total crypto, cash, and “moonshot” holdings reached **$11.6B**, up from $11.3B a week earlier. * 5.8M ETH held * 5.07M ETH staked * 3M shares repurchased last week * 19.1M shares repurchased since July * $4B total buyback authorization * 96% toward its “Alchemy of 5%” ETH target BitMine is highlighting changing Fed expectations as an ETH tailwind, while the **CLARITY Act has lost momentum**, with 2026 passage odds reportedly falling to around 15–17%.

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u/Ambitious_Duck546 1 1 day ago

That much ETH staked is generating some serious yield, gotta wonder how that affects the staking APY for the rest of us over time.
u/micho510900 1 1 day ago

Is it different for BMNR? I'm staking at 2.5% currently. Recently heard that yield can decline more and more over time, is it any different for BMNR?
u/Supaflyray 1 1 day ago

Coinbase is offering like 1.6% right now which I feel like would be more of the average user. Ledger is offering 2.6%
u/Consistent-Stage-217 1 1 day ago

Pump it.
u/Financial-Tackle-914 1 1 day ago

Yeah, 5M+ ETH staked from one entity is a decent chunk relative to total staked supply. Wouldn't expect a huge APY hit alone, but if a few more treasuries follow this playbook it could meaningfully compress yields over time.
u/IndigoBroker 1 1 day ago

Imagine what the price of ETH would be today if it wasn’t for BitMine?
u/Itur_ad_Astra 1 1 day ago

About $3.50
u/[deleted] 1 1 day ago

[removed] — already gone when the archive first saw it
u/North_Ad_9999 1 1 day ago

What happens when ETH stop giving staking yield? I read they would stop giving yeild once 50 percent supply is staked! Any insights?
u/jbrev01 1 1 day ago

No, the rewards never stop. The rate just becomes lower and lower the more ETH is staked. If it becomes too low, people would stop staking because there would be better opportunities elsewhere, and then the rate would go back up. That incentive is there because stakers protect the network from attacks - they make it very, very expensive for a threat actor to attack the network.
u/Ms_TitAdorable 1 20 hours ago

That's a massive ETH position.