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

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.