Bitmine Says Holdings Reached $10.7 Billion as Ethereum Treasury Hit 4.7 Million Tokens
The company said it also launched MAVAN, an institutional-grade staking (locking crypto to earn rewards) platform designed to generate yield from its Ethereum holdings.
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Terms & Concepts
staking: A blockchain process that locks crypto assets to help secure a network and earn rewards.
Ethereum treasury: A company-held reserve of Ethereum tokens used for balance sheet exposure or related crypto strategies.
institutional-grade platform: A service built to meet the operational, security, and compliance needs of large professional investors.