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# ETHTreasury

817
#BitmineHolds5.78METH
Bitmine now has an amount of Ethereum about 5.787 million ETH. This is one of the corporate Ethereum positions ever. The company, which is listed on Nasdaq has been quietly building up its Ethereum treasury. The Ethereum it has is worth about $11.3 billion. This is 4.8% of all the Ethereum that is available.
The company is using something called the MAVAN validator network to stake 4.91 million ETH. This is 85% of its total Ethereum position. From this it is estimated that Bitmine will get about $254 million every year. The company wants to make sure its Ethereum is bein
ETH-1.65%
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