BitMine Expands ETH Treasury With $352M Staking Push

BitMine Expands ETH Treasury With $352M Staking Push
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BitMine has control over the biggest known corporate ETH treasury.
Having an average of ETH entries of about $3,960, Bitmine has possessed an estimated $3.5 billion in unrealised losses. 

Regardless of the volatility faced by Ethereum, BitMine is not stopping from adding it to its portfolio. Yesterday, the data provided by OnChain Lens reveals that BitMine staked 118,944 ETH, with a value of around $352.16 million, during the transaction. 
After this activity, the total staked Ether of the firm stood at 461,504 ETH, whose value stands at around $1.37 billion as per the current market rate. The same data provider revealed that a new wallet received 32,938 ETH, estimated at around $97.8 million, from trading company FalconX. 
On-chain behaviour indicates that the address is ruled by BitMine, adding to signs that the firm is still actively expanding exposure instead of just managing existing holdings. In just the last week, Bitmine increased 44,463 ETH to the portfolio,

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We współpracy z: https://thenewscrypto.com/bitmine-expands-eth-treasury-with-352m-staking-push/

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