BitMine locks up $1B in Ether as big corporates stake ETH for yield

BitMine has secured $1 billion in Ether as major corporations increasingly stake ETH to earn yield. This move highlights a growing trend among institutional investors seeking to capitalize on the potential returns from Ethereum's staking mechanism. The influx of corporate capital into Ether staking is seen as a significant endorsement of the cryptocurrency's long-term value. As more companies participate, it could lead to increased demand and stability for ETH in the market.

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