Bitmine Holds $6.1 Billion in ETH Staked Assets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy COIN?
Source: PRnewswire
- Significant ETH Holdings: Bitmine currently holds 3,040,483 ETH valued at $6.1 billion, representing 3.62% of the total ETH supply, showcasing its strong position in the cryptocurrency market.
- Rapid Investment Growth: Bitmine recently completed a $200 million investment in Beast Industries, further enhancing its footprint in the crypto asset space, which is expected to drive future revenue growth.
- Clear Liquidity Advantage: Bitmine's total assets amount to $9.6 billion, including 4,371,497 ETH and $670 million in cash, demonstrating its leading position in cryptocurrency liquidity.
- Optimistic Future Outlook: The company plans to launch MAVAN in Q1 2026, aimed at providing secure staking infrastructure, which is expected to further enhance its market competitiveness and investor confidence.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 165.940
Low
230.00
Averages
361.63
High
440.00
Current: 165.940
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the cryptoeconomy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. Its platform helps people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and global transfers. It offers products and services to various customer groups: individuals, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime Trading, markets, base protocol and Coinbase wallet.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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