tldr; Bitmine has staked an additional 19,200 ETH worth $60 million, bringing its total staked Ethereum to 827,008 ETH, valued at $2.62 billion. The company now holds over 4 million ETH, making it the largest corporate ETH holder. This move aligns with Bitmine’s strategy to expand its Ethereum-focused treasury and prepare for the launch of its U.S.-based validator network in 2026. The staking activity highlights Bitmine’s commitment to Ethereum, though concerns about centralization have been raised due to the concentration of staking in corporate-controlled validators.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Brunosaurs4 on
That’s an insane amount of money, and the fact that its *another* meaning that there was an original number is even more crazy.
2 Comments
tldr; Bitmine has staked an additional 19,200 ETH worth $60 million, bringing its total staked Ethereum to 827,008 ETH, valued at $2.62 billion. The company now holds over 4 million ETH, making it the largest corporate ETH holder. This move aligns with Bitmine’s strategy to expand its Ethereum-focused treasury and prepare for the launch of its U.S.-based validator network in 2026. The staking activity highlights Bitmine’s commitment to Ethereum, though concerns about centralization have been raised due to the concentration of staking in corporate-controlled validators.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
That’s an insane amount of money, and the fact that its *another* meaning that there was an original number is even more crazy.