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Bitmain stakes 1.08 million Ethereum... Secures annual revenue of 137.9 billion KRW
Source: TokenPost Original Title: Bitmain Stakes Over 1.08 Million Ethereum… Secures Annual Revenue of 137.9 Billion Won Original Link: https://www.tokenpost.kr/news/blockchain/322995 Crypto financial management company Bitmain(BMNR) has expanded its Ethereum(ETH) staking holdings to over 1.08 million. This amounts to an annual profit of approximately 137.9 billion won. It is interpreted as a strategy to prepare for a rebound based on a staking-based revenue model, even amid a sharp decline in stock prices.
Bitmain has staked a total of 1.08 million ETH, securing an annual revenue of about 137.9 billion won. This is analyzed as a strategy to recover from the sharp price drop.