BitMine stakes 150,120 ETH, worth $280M, on Ethereum

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BitMine (BMNR), an Ethereum treasury firm, staked 150,120 ETH on August 4, valued at approximately $280 million. The move aligns with increased exposure to risk-on assets. Its total ETH holdings now amount to 5.7978 million, with 5.0673 million already staked—representing 87% of its balance. At an annualized yield of 2.66%, the staked ETH is projected to generate 134,800 ETH per year, worth roughly $250 million. The action also demonstrates compliance with CFT (Countering the Financing of Terrorism) guidelines.

BlockBeats news: On August 4, according to on-chain analyst Yujin, the Ethereum treasury company BitMine (BMNR) staked 150,120 ETH approximately two hours ago, valued at around $280 million.


Currently, BitMine holds a total of 5.7978 million ETH, of which 5.0673 million have been staked, accounting for 87% of its total holdings. At the current annualized yield of 2.66%, its staked assets are expected to generate approximately 134,800 ETH per year, valued at around $250 million.

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