BitMine Surpasses 1 Million Staked ETH, Total Treasury Exceeds 4 Million ETH
BitMine's staked ETH balance surpassed 1,000,000 ETH on January 12, with the Ethereum-focused DAT company now holding more than 4,000,000 ETH in its treasury, BlockBeats reports. After adding 86,400 ETH to staking yesterday, BitMine's total staked ETH reached 1,080,512 ETH, valued at about $3.3 billion. Based on the current 2.81% yield, this staked position is estimated to generate roughly $94.4 million worth of ETH per year.