Bitmine Boosts Ethereum Stake to $2.52B

Bitmine Boosts Ethereum Stake to $2.52B

The post Bitmine Boosts Ethereum Stake to $2.52B appeared first on Coinpedia Fintech News

On January 6, Bitmine added 186,336 ETH worth $604.5 million to its staking pool, bringing the total to 779,488 ETH valued at $2.52 billion. According to Onchain Lens data, this rapid restake underscores Bitmine’s aggressive expansion as a leading Ethereum validator. This move underscores Bitmine’s confidence in Ethereum and its commitment to the proof-of-stake network. By steadily growing its stake, Bitmine not only secures consistent staking rewards but also strengthens its influence as a major institutional player in the Ethereum ecosystem.

Source: https://coinpedia.org/crypto-live-news/bitmine-boosts-ethereum-stake-to-2-52b/