Ethereum treasury company BitMine crosses 1 million staked ETH milestone

Ethereum treasury company BitMine crosses 1 million staked ETH milestone

BitMine Immersion Technologies reaches 1 million staked ETH

BitMine Immersion Technologies, a major Ethereum treasury company, has crossed the 1 million staked ETH milestone. According to on-chain data, the company staked an additional 86,400 Ether (ETH) on Saturday, pushing its total staked holdings past one million ETH.

Position as the largest Ethereum treasury holder

BitMine is recognized as the largest Ethereum treasury company by holdings, with over 4 million ETH in its corporate treasury. This solidifies its dominant position within the Ethereum ecosystem and among global cryptocurrency holdings.

Recent staking activity and market impact

  • Between February 9 and 14, Ethereum wallets holding between one million and ten million ETH added over 1.1 million ETH, valued at approximately $268.7 million.
  • On-chain data shows BitMine now holds 1,080,512 ETH staked, extending its leadership in Ethereum treasury positions.
  • The company recently completed a three-week staking spree, accumulating more than 1 million ETH, as confirmed by on-chain data trackers.

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