Skip to main content

Featured Story

Produced by Daniel Aharonoff & Mogul Media AI

Who Owns 5% of Ethereum? Bitmine's $16.4B Treasury Bet

One Company, 6 Million ETH: Crypto's Boldest Treasury Bet Co-produced by Daniel Aharonoff and DigitalDan Some weeks in crypto, the biggest story isn't a hack, a halving, or a headline-grabbing ETF launch. Sometimes it's a spreadsheet. This morning, Bitmine Immersion Technologies published its weekly holdings update, and the numbers are staggering enough to rearrange how you think about who actually owns Ethereum. As the chief editor of ethdan.me, I've spent years tracking whale wallets, ETF inflows, and protocol upgrades. But I've never seen a single public company sit on this much ETH. Six million coins. Nearly five percent of the entire supply. A projected $363 million a year in staking revenue alone. Let that sink in. What's the Big Deal? On Monday, October 5, Bitmine Immersion Technologies (NASDAQ: BMNR) announced that its Ethereum treasury has crossed 6 million ETH — 6,016,414 tokens to be exact, valued at $2,726 apiece for a total of roughly $16.4 bi...
Post a Comment
Read more
Produced by Daniel Aharonoff & Mogul Media AI

Mastercard Teams Up with Leading Blockchain Platforms to Simplify Development and Deployment of Crypto Applications

As an Ethereum expert, I am thrilled to see that Mastercard is doubling down on crypto and blockchain efforts with a new offering. The payments giant is teaming up with Aptos Labs, Ava Labs, Polygon, and the Solana Foundation to reach application developers, which is a major step towards the mainstream adoption of blockchain technology and cryptocurrencies.

Mastercard's new offering aims to simplify the development and deployment of blockchain and cryptocurrency applications for developers. By partnering with some of the leading blockchain platforms, Mastercard is making it easier for developers to create and deploy applications that leverage the benefits of blockchain and cryptocurrencies, such as security, transparency, and decentralization.

Here are some key takeaways from Mastercard's new offering:

Partnership with leading blockchain platforms

Mastercard has partnered with some of the leading blockchain platforms in the industry, including Aptos Labs, Ava Labs, Polygon, and the Solana Foundation. These partnerships will allow developers to leverage the benefits of these platforms and integrate them into their applications.

Simplified development and deployment of blockchain applications

Mastercard's new offering aims to simplify the development and deployment of blockchain applications for developers. By providing a suite of developer tools and resources, Mastercard is making it easier for developers to create and deploy blockchain applications.

Focus on mainstream adoption

Mastercard's new offering is a major step towards the mainstream adoption of blockchain technology and cryptocurrencies. By making it easier for developers to create and deploy blockchain applications, Mastercard is helping to bring blockchain technology and cryptocurrencies to the masses.

In conclusion, Mastercard's new offering is a significant development for the blockchain and cryptocurrency industry. By partnering with leading blockchain platforms and simplifying the development and deployment of blockchain applications, Mastercard is helping to accelerate the mainstream adoption of blockchain technology and cryptocurrencies. As an Ethereum expert, I am excited to see more companies making similar efforts to bring blockchain technology and cryptocurrencies to the masses.

Email Post

Comments

Post a Comment

Trending Stories