BitMine Stakes $142 Million Worth Of Ethereum
BitMine Immersion Technologies (BMNR) has staked $142 million worth of Ethereum, locking up 61,000 ETH tokens. The company, led by Tom Lee, aims to increase its Ethereum holdings to 5% of the total circulating supply. The move comes as Ethereum trades at $2,415, with BMNR stock down 25% year-to-date.
Topics: BitMine Corporate Holdings Cryptocurrency Ethereum Staking