Bitmine Nears 5% Ethereum Target as Staking Rewards Strengthen Its Position

TLDR: Bitmine added 53,501 ETH through Aug. 30, lifting its disclosed Ethereum treasury to 5.9 million tokens. More than 5.06 million ETH are staked at a 2.67% annualized yield, creating a powerful rewards engine. A modeled year of staking could generate about 135,000 ETH, nearly matching Bitmine’s remaining gap. An additional 51,000 ETH purchase would [...]

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