Wu Blockchain (@WuBlockchain): BitMine, Largest Ethereum Treasury Company, to Join Russell 1000 as Staked ETH Reaches 4.88M
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BitMine, Largest Ethereum Treasury Company, to Join Russell 1000 as Staked ETH Reaches 4.88M BitMine, the largest Ethereum treasury company, said BMNR is set to be added to the Russell 1000 Index on June 26. As of June 22, the company held 5.673 million ETH, $601 million in cash and marketable securities, $350 million in preferred BMNP, no debt, and an annualized staking yield of $233 million. According to Lookonchain, BitMine has just staked another 160,480 ETH worth about $248.7 million. In total, BitMine has staked 4.88 million ETH, worth about $7.56 billion, accounting for 86% of its total holdings.