CryptoCointelegraphabout 2 hours ago
Bitmine generated $46M from Ethereum staking last quarter
1 min read
Bitmine Immersion Technologies generated $45.7 million in revenue from Ethereum staking last quarter, accounting for 98% of total revenue. The company staked 85% of its ETH holdings, about 4.9 million Ether. The pivot followed the March launch of MAVAN, an institutional-grade staking platform.
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