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CoinOtag 2026-01-01 20:06:10

BitMine Boosts Ethereum Stake to 461K ETH, Eyes Network Share Growth

BitMine Immersion Technologies recently staked an additional 118,944 ETH valued at $352.16 million, increasing its total staked position to 461,504 ETH worth $1.37 billion under its “Alchemy of 5%” strategy to control a key share of Ethereum's network supply. BitMine's aggressive staking shift marks a move from holding to yield generation for institutional Ethereum treasuries. [...]

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