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Ethereum Price Forecast: ETH bounces off $2,150 as Bitmine stretches holdings above 4.28 million ETH
Ethereum (ETH) treasury firm Bitmine Immersion Technologies (BMNR) scooped 41,788 ETH last week in another round of weekly ETH acquisition. The purchase has lifted the company's stash to 4.28 million ETH, worth about $10.1 billion at the time of publication. From that figure, Bitmine has staked 2.89 million ETH across three staking providers, reflecting an increase of 888,192 ETH over the past week. The company said it would be making $374 million annually from staking by the time it fully stakes all of its ETH stack. The Nevada-based firm also holds 193 Bitcoin (BTC), a $200 million investment in Beast Industries, a ... (full story)
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