Ethereum Staking Accounts for Majority of Bitmine's Revenue in Q2
Bitmine Immersion Technologies (BMNR) reported that Ethereum staking accounted for 98% of its $46.5 million quarterly revenue, a significant increase from the previous year. The company holds over 5.4 million ETH and plans to stake all holdings, potentially generating annualized staking revenue of up to $284 million.
Tickers: $BMNR
Topics: crypto treasury firm Ethereum staking revenue breakdown