The firm’s remaining stake of 155.6 million shares is valued at about $7.2 billion (at $46 each). The word in the example sentence does not match the entry word.
British Dictionary definitions for stake (1 of
You can get started staking quickly with an exchange or crypto wallet. “It’s as easy as setting up a crypto wallet, loading it with cryptos, and clicking the ‘staking’ button on validators or staking pools within the wallet app,” says Trakulhoon.
The City continued to play for high stakes in shares of the airline. Users at Stake.com generally transact in cryptocurrencies rather than traditional currencies for their betting accounts. Account balances can be withdrawn in the equivalent value of cryptocurrency and then deposited back into the user’s personal cryptocurrency wallet. The stakes run much higher when the treatments cost a lot in money or health. Staking is a good option for investors interested in generating yields on their long-term investments who aren’t bothered about short-term fluctuations in price.
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Many blockchains use a proof of stake consensus mechanism. Under this system, network participants who want to support the blockchain by validating new transactions and adding new blocks must “stake” set sums of cryptocurrency.
The Stake app offers a simple, yet powerful mobile trading experience, with competitive brokerage fees. Sign up in minutes and trade the world’s largest stocks, like Tesla, Apple and Google. But this is more a by-product of human error — people forget to remove stakes and ties. In theory, staking isn’t too different from the bank deposit model, but the analogy only goes so far. In some ways, staking is similar to depositing cash in a high-yield savings account.