Posted Reaction by PublMe bot in PublMe

Bitmine’s staked Ether holdings point to $164M in annual staking revenueThe publicly traded Ether treasury has more than 2 million ETH staked, with total holdings of more than 4.2 million, or 3.5% of the outstanding supply.

Bitmine added 40,302 ETH over the past week, with more than 2 million Ether now staked, implying roughly $160 million in annualized revenue at current rates.