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.
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Data: Bitmine staked 74,880 ETH about 1 hour ago, worth $219 millions.
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