According to ChainCatcher, on-chain analyst Ember monitored that Ethereum treasury company Bitmine has staked its ETH holdings to earn interest: 50 minutes ago, it deposited 74,880 ETH ($219 million) into Ethereum PoS staking. This is Bitmine's first staking activity, and it now holds 4.066 million ETH, with an APY of approximately 3.12%.
If all of them were staked, one could earn approximately 126,800 ETH in interest per year, which, at the current price of $2,927, would be worth $371 million.
