Odaily Planet Daily reports, according to Onchain Lens monitoring, Ethereum treasury company Bitmine has staked 101,776 ETH, valued at $219.45 million, bringing its total staked ETH to 3,142,291, worth $6.75 billion.
Bitmine stakes 101,776 ETH worth $219.45M
KuCoinFlashShare
Summary
Bitmine has staked 101,776 ETH, valued at $219.45 million, as part of its CFT compliance strategy. The company now holds 3,142,291 ETH in staked assets, totaling $6.75 billion. With BTC increasingly viewed as a hedge against inflation, institutional interest in Ethereum continues to rise.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.