BitMine just staked 70% of its entire $ETH treasury 😳
That's 3.135 million ETH, worth $6.75 BILLION.
They now hold 3.8% of Ethereum's TOTAL supply.
And for every $22 ETH pumps?
$100 million in unrealized gains.
Target yield?
$280 million annually at just 2.8% APR.
Oh and by the way?
$ETH is still DOWN 50% from its ATH.
Still think ETH is dead?