Bitmine Expands Ethereum Holdings to 5.82 Million Coins, Price Forecast Faces Resistance
2026-08-18 20:18:58
According to CoinMeta, Bitmine has recently increased its Ethereum holdings to 5.82 million coins, an addition of 9,926 coins, bringing the total to 5,815,164 coins. This amount represents approximately 4.8% of Ethereum's total supply of 120.7 million coins. Currently, the price of Ethereum is trading around $1,902 and faces resistance at $1,918. Bitmine has a staked balance of 5,067,309 coins, with an annualized staking yield of 2.61%. The company expects its annual earnings to be close to $250 million.
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Source:The Coin Republic
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