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Estimated Ethereum Staking Costs for BMNR and SBET: $3730 and $3478 respectively

By: theblockbeats.news|2025/08/20 02:22:15

BlockBeats News, August 20th, On-chain analyst Yu Jin calculated the Ethereum buying costs of BitMine and SharpLink based on the announced purchases since the beginning of ETH reserves by BitMine and SharpLink as follows:


BitMine (BMNR) started buying ETH on 7/9, holding 1,523,373 ETH as of 8/17, with an average cost of $3,730;


SharpLink (SBET) started buying ETH on 6/13, holding 740,760 ETH as of 8/17, with an average cost of $3,478.

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