πŸ’° Read News and Earn $USDT Β· Cryptews β€” Read to Earn Platform Get Started

BMNR Stock: Tom Lee Says BitMine Does Not Need to Sell Ethereum

1 hour ago 1
Glowing Ethereum logo on a pedestal next to stacked coins and a rising chart.

The post BMNR Stock: Tom Lee Says BitMine Does Not Need to Sell Ethereum appeared first on Coinpedia Fintech News

Tom Lee said BitMine does not need to sell its core Ethereum holdings because staking rewards already generate cash flow that covers preferred stock dividends. The company is focused on making its ETH productive rather than selling it. If BitMine reaches its 5% ownership target, it could sell staking rewards instead of adding more ETH. …

Read Entire Article
πŸ’¬ Comments
Loading…

Log in to leave a comment.