Bitmine stakes 74,880 ETH for the first time; if it stakes its entire holdings, annual interest could reach $371 million.
According to ChainCatcher, on-chain analyst Yujin has monitored that Ethereum treasury company Bitmine has staked its held ETH to earn interest income: 50 minutes ago, it deposited 74,880 ETH (219 million USD) into Ethereum PoS staking. This is Bitmine's first time staking, and it now holds 4.066 million ETH, with a current APY of approximately 3.12%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The holdings of a smart money address in this round have increased to 3,100 ETH, worth approximately $9.543 million.
RootData: QAI will unlock tokens worth approximately $17.72 million in one week
Ranger public offering subscription exceeds $86 million, RNGR market cap currently reported at $17.83 million
Trending news
MoreCrypto prices
More
