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BitMine Boosts Ethereum Holdings with $451 Million Staking Investment

BitMine Stakes $451M in Ethereum

Dario Cesaro avatar
Written by Dario Cesaro
Updated today

BitMine Immersion Technologies Inc., a prominent public entity in the digital asset space, has significantly deepened its commitment to Ethereum by staking approximately $451 million worth of ETH. This strategic move involves locking 154,176 ETH into staking protocols, aiming to generate rewards and potentially offset unrealized losses.

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