BitMine earns $45.7M from ETH staking as revenue jumps 22-fold
BitMine earns $45.7M from ETH staking as revenue jumps 22-fold
Ethereum staking generated $45.7 million, accounting for 98% of BitMine’s total quarterly revenue in May.BitMine now stakes 4.9 million ETH, equal to roughly 85% of its Ethereum treasury holdings.Tom Lee projects $284 million in annual rewards once BitMine fully stakes its ETH treasury.
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