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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...

Unveiling Funtico: The Ultimate Gaming Ecosystem for Epic Fun and Rewards

Funtico: Revolutionizing Gaming with Rewards and Innovation

As the gaming industry continues to evolve, the demand for innovative approaches and visionary foresight becomes increasingly apparent. Funtico emerges as a brand new gaming ecosystem that aims to bridge the gap between Web2 and Web3 gaming, offering a comprehensive platform that caters to gamers' needs while providing exciting rewards. With a wide variety of game genres available, from casual to hardcore games of indies to AAA quality, Funtico positions itself as the ultimate destination for all gaming enthusiasts and game publishers alike.

Visionary Approach to Gaming

Funtico is designed with the vision to become Web3's most gamer-centric platform, focusing on three fundamental principles: timeless fun, smooth gameplay, and worthwhile rewards. This visionary approach sets Funtico apart in the gaming landscape, emphasizing the importance of delivering ageless gaming experiences that resonate with players on a deeper level.

Heroes of the Citadel: A New Adventure Awaits

Key to Funtico's vision is the launch of their first game on Steam, "Heroes of the Citadel." This exhilarating adventure game immerses players in the mystical world of Entagon, where they must strategize, make decisions, and manage resources to overcome challenges and defend the world from the forces of Vorak, the mad god. Whether players are engaging in the auto battler campaign or testing their skills in the thrilling PvP arena, "Heroes of the Citadel" promises a captivating and rewarding experience at every turn.

Join the Funtico Community

Funtico invites gamers to join their community and experience true ownership of in-game items and progress. With a team of over a hundred professionals from various sectors of the gaming industry, Funtico leverages years of accumulated experience to bring a unique and rewarding gaming platform to players worldwide.

In conclusion, Funtico's innovative approach to gaming, combined with its commitment to delivering rewarding and engaging experiences, positions it as a game-changer in the industry. Join Funtico today and embark on a journey where epic fun meets exciting rewards in a gaming ecosystem like no other.

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