Key highlights: BitMine saw $45 million in revenue from Ethereum staking This was 98% of the company’s total revenue Chairman Tom Lee projected that annual staking rewards could reach $284 million Tom Lee’s BitMine reported that it brought in $45.7 million from Ethereum staking and validation during the quarter that ended on May 31, according […]
Tag: BMNR
Key highlights: Sharplink made its first ETH purchase since October 2025. The company holds about 876,285 ETH valued at $1.3 billion ETH price hit a new 2026 low. The company has not publicly confirmed the new buy. However, the transaction has gained attention from traders because the buy comes just as the ETH price hit […]
Key highlights: BitMine has bought 25,000 ETH for $41 million. The acquisition brings it closer to owning 5% of Ethereum’s total supply. Recent comments from Tom Lee have sparked concerns of a halt in ETH acquisitions. Last week, the company made its largest Ethereum purchases since the start of the year, snapping up 126,971 […]