BitMNR Stakes 74,880 ETH Worth $219M as It Activates Massive Ethereum Treasury

BitMNR, described as the world's largest Ethereum treasury firm, has staked about 74,880 ETH valued near $219 million, marking its first move into Ethereum's proof-of-stake system. The company holds roughly 4.066 million ETH, around 3.37% of the total supply, and its chairman Tom Lee says the firm is progressing toward a 5% return target while Ethereum trades close to $2,928.