Bitmine Stakes Over 2 Million ETH, Targets $160 Million in Annual Rewards

Bitmine Immersion Technologies, a publicly traded digital asset treasury management firm, has greatly improved its Ethereum staking offering by staking a total of 2,009,267 ETH worth approximately $5.9 billion. At the standard 2.81% Composite Ethereum Staking Rate (CESR), the staked Ether of the company is expected to generate annual staking