Source: Decrypt ↗
Tom Lee's Bitmine Buys Another $47M of ETH, Taking It to 4.9% of Ethereum Supply
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What the source reports
Bitmine has staked 84% of its tokens, a position it projects will generate some $358 million a year in staking rewards.
Read the original report on Decrypt ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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BitMine Passes 6 Million ETH as Weekly Purchase Slows to 17,362 Tokens
BitMine’s Tom Lee still projects $358 million a year in staking revenue, rising to $424 million once the whole treasury is staked.