Bitmine Increases Ethereum Staking to 461,504 ETH Valued at $1.4 Billion
- Bitmine Immersion Technologies has staked a total of 461,504 ETH, valued at approximately $1.4 billion.
- The company recently added 118,944 ETH to its staking portfolio, worth $352.16 million.
- A new wallet associated with Bitmine received 32,938 ETH from FalconX, valued at $97.8 million.
- Bitmine is working with three external staking providers as it prepares to launch its Made in America Validator Network (MAVAN).
- MAVAN is expected to generate around $374 million annually in staking rewards upon full deployment.
Bitmine has significantly increased its Ethereum staking activities, now holding 461,504 ETH valued at $1.4 billion and collaborating with three providers for the upcoming MAVAN launch.
Source (3.2)https://cryptobriefing.com/bitmine-reaches-461504-eth-in-total-staked-assets/?rand=59535
