NYSEAM:BMNRSoftware
Bitmine Deepens Ethereum Bet With Major Staking Move And Yield Focus
Bitmine Immersion Technologies (NYSEAM:BMNR) has purchased more than 65,000 ETH, taking its total Ethereum holdings to over 4.66 million tokens.
The company has executed one of the largest recent Ethereum staking transactions, committing nearly 95,000 ETH to the beacon chain.
These moves come during a crypto market downturn, increasing the company’s exposure to on chain yield from Ethereum staking.
Bitmine Immersion Technologies, trading at around $21.27, has seen mixed share performance,...