The amount of ETH staked on BitMine surpasses 1 million, with an annualized staking yield of approximately $94.4 million.
BlockBeats News, January 12, the largest Ethereum crypto treasury (DAT) company BitMine has surpassed 1 million ETH staked, and currently holds over 4 million ETH in its treasury. After an additional 86,400 ETH were staked yesterday, BitMine's total staked ETH reached 1,080,512, valued at approximately $3.3 billion. Based on the current yield of 2.81%, this can generate about $94.4 million worth of ETH annually.
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
B Riley raises e.l.f. Beauty target price to $115
Visa Tightens Memecoin Card Codes After Digital-Media Classification
REX launches 2x leveraged ETF tied to Bitcoin treasury firm Strive
Crypto prices
More
