Bitmine Stakes Additional 113,280 ETH, Totaling $7 Billion in Staked Assets
- Bitmine staked an additional 113,280 ETH, valued at approximately $341 million.
- The company’s total staked Ethereum now stands at 2.3 million ETH, worth around $7 billion.
- This represents 55% of Bitmine’s total holdings of 4.2 million ETH.
- Bitmine holds about 3.5% of the entire Ethereum supply and has a portfolio valued at $12.8 billion, including Bitcoin and cash assets.
- The company is the largest Ethereum treasury holder globally and plans to launch MAVAN, a US-based validator network, in Q1 2026.
Bitmine has significantly increased its stake in the Ethereum network by adding another large tranche of ETH to its holdings, reinforcing its position as a major player in the cryptocurrency space.
Source (3.2)https://cryptobriefing.com/bitmine-staked-ethereum-assets-7-b/?rand=59535