Ethereum treasury company BitMine (BMNR) staked 150,120 ETH roughly two hours before the report, according to on-chain analyst Ember. The deposit was valued at about $280 million.
Ember’s data shows BitMine now holds 5.7978 million ETH in total, with 5.0673 million ETH already committed to staking. That means 87% of the company’s ETH position is currently staked.
Based on a current annualized yield of 2.66%, the staked portion is projected to generate about 134,800 ETH per year, with an estimated annual value of around $250 million. The figures were cited in a BlockBeats report published on Aug. 4.
Ethereum treasury company BitMine (BMNR) staked 150,120 ETH around two hours before the report, according to on-chain analyst Ember. The deposit was valued at about $280 million, BlockBeats reported on Aug. 4.
BitMine now holds 5.7978 million ETH in total, with 5.0673 million ETH already staked, or 87% of its overall holdings. At a current annualized yield of 2.66%, the company’s staked ETH is projected to generate about 134,800 ETH a year, worth roughly $250 million.
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