🚨 Bitmine's 98% Staking Revenue Relies on Ethereum
📊 Alpha Breakdown:
Bitmine Immersion Technologies reported $46.5M revenue for the quarter ended May 31. Ethereum staking accounted for $45.7M, or 98% of total income. The firm holds 5.42M ETH and 203 BTC. Net loss widened to $82.2M. Stock price has fallen 59% over the past year....
🔗 Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/bitmine-s-98-staking-revenue-relies-on-ethereum
#bitcoinnews #cryptocurrency #cryptoprices
📊 Alpha Breakdown:
Bitmine Immersion Technologies reported $46.5M revenue for the quarter ended May 31. Ethereum staking accounted for $45.7M, or 98% of total income. The firm holds 5.42M ETH and 203 BTC. Net loss widened to $82.2M. Stock price has fallen 59% over the past year....
🔗 Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/bitmine-s-98-staking-revenue-relies-on-ethereum
#bitcoinnews #cryptocurrency #cryptoprices