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How much ETH has BitMine staked, and what’s the yield potential?
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BitMine recently staked 74,880 ETH (~$219M) from its ~4.07M ETH treasury. At current APY of 3.12%, staking the entire holdings could generate ~126,800 ETH/year (~$371M).
This shifts BitMine from a passive ETH holder to a yield-bearing protocol participant, aligning its revenue with Ethereum’s consensus layer rather than market price swings. #Ethereum #Staking #BitMine
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This thing like this Strategy and Bitmine scares me a lot
