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Bitmine Immersion Technologies purchases additional Ethereum and proceeds with staking

CryptoProwl +2 ·

BMNR
BMNR BitMine Immersion Technologies Inc
$26.79 +1.98%
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  1. 1Bitmine Immersion Technologies purchased 15,112 Ethereum over the past week.
  2. 2Bitmine Immersion Technologies reached a total Ethereum holding value of $16.33 billion, approaching its target holding ratio of 5% of the Ethereum circulating supply.
  3. 3The company staked 5,067,309 Ethereum, which represents 84% of its holdings.

So what's the key point?

Bitmine Immersion Technologies bought an additional 15,112 Ethereum. It is operating by staking 84% of its Ethereum holdings to earn interest.

Source CryptoProwl +2 · View original ↗

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