Ethereum treasury company BitMine crosses 1 million staked ETH milestone
BitMine Immersion Technologies reaches 1 million staked ETH milestone
Crypto treasury company BitMine Immersion Technologies (BMNR) has crossed the 1 million staked Ethereum (ETH) milestone, marking a significant achievement in its participation within the Ethereum ecosystem.
Key details of the milestone
- BitMine staked an additional 86,400 ETH on Saturday, pushing its total staked ETH holdings past 1 million tokens.
- The staked ETH is valued at approximately $268.7 million, reflecting the growing scale of its operations.
- As of the latest update, BitMine holds over 4 million ETH in its corporate treasury, making it the largest Ethereum treasury company by holdings.
- The company has pivoted from Bitcoin mining to a focused strategy of Ethereum staking, enhancing its role in the Ethereum network.
Additional context and developments
BitMine has recently increased its Ethereum holdings, with reports indicating that it has acquired $235 million worth of Ethereum, bringing its total holdings to nearly 5 million ETH.
According to data from CoinMarketCap, BitMine holds a total of 5,180,131 ETH worth approximately $13.1 billion in crypto and cash, with 4,362,757 ETH staked through its validator network.
The company’s staking strategy has evolved into a more infrastructure-oriented model, suggesting a shift from passive treasury management to active network participation.
來源：https://cointelegraph.com/news/ethereum-bitmine-1-million-staked-eth