By Jordan Lyanchev The Tom Lee-chaired Ethereum accumulator has ramped up its ETH acquisitions amid the asset’s major price revival experienced last week. The company has acquired 32,447 tokens over the past week, and its total has skyrocketed to 5,847,611 ETH as of August 23. With Ethereum’s price jumping to $2,440 yesterday, this put the […]
Tag: MAVAN
Key highlights: Bitmine staked 150,120 ETH after its new buy The company now has at least 5 million ETH locked in staking Bitmine controls 4.8% of Ethereum’s circulating supply Bitmine has expanded its Ethereum strategy again after staking ETH worth around $278 million. The move pushed its total staked Ethereum holdings to over 5 million […]
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 […]