Bitmine begins staking ETH, deposits $219M into Ethereum PoS for yield

Bitmine deposited 74,880 ETH worth approximately $219 million into Ethereum’s Proof-of-Stake protocol, marking the company’s first staking operation. The move comes as the largest Ethereum (ETH) treasury company seeks yield generation from its 4.066 million ETH holdings. According to EmberCN…

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