BitMine Immersion Technologies reported holding 6,060,506 ETH as of November 1 in a November 2 filing exhibit. The company said 5,227,037 ETH were staked. These are company-disclosed balances at a specified date, not independently observed live holdings or a measure of Ethereum’s currently liquid supply.
Staked ETH may earn rewards, but access can involve withdrawal queues or third-party arrangements, so it is not equivalent to immediately transferable cash. The reported token count alone does not establish the value of the holdings at another date or show whether shareholders’ ownership is increasing or being diluted.
