I’d choose B. 🔵 Growing staking income.
For a treasury strategy built around ETH, accumulating more ETH is only one part of the equation. Staking potentially gives BitMine an additional source of income from assets it already holds, although that comes with staking, liquidity and ETH price risks.
The 5% target is certainly eye-catching, but I’d be more interested in whether the strategy can sustainably generate value from the ETH already on the balance sheet.
Bitcoin ETFs Inflow Streak Ends Amid Rising Fed Rate Concerns; Bitmine Approaches 5% ETH Supply with $11.8B Treasury
The inflow streak for Bitcoin ETFs has ended due to mounting concerns over Federal Reserve interest rate hikes. Meanwhile, Bitmine is nearing a significant milestone by holding close to 5% of the total Ethereum supply, backed by an $11.8 billion treasury. These developments highlight shifting dynamics in the crypto market influenced by macroeconomic factors and institutional holdings.
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