BitMine Stakes $1B Ether, Corporations Seek Crypto Yield
Corporations are increasingly turning to Ethereum staking to earn passive yield, a shift that is tightening the amount of Ether available for sale on the open market. BitMine Immersion Technologies, the largest corporate Ether (ETH) holder, has staked 342,560 ETH worth over $1 billion in the two days leading up to Sunday, according to blockchain…