Bitmine Locks 86,400 ETH in Major Stake Move, Total Holdings Surpass $3.25 Billion

Major ETH Stake Signals Strong Network Commitment

Onchain data from OnchainLens reveals that Bitmine has recently staked an additional 86,400 ETH—worth approximately $266.3 million—marking another significant move in its Ethereum strategy. This latest transaction underscores a growing institutional-grade commitment to Ethereum’s proof-of-stake infrastructure and long-term network stability.

Over 1 Million ETH Now Locked

In total, Bitmine has now staked 1,052,192 ETH, valued at around $3.25 billion. This places it among the largest staking entities on the Ethereum network. Such scale of participation plays a crucial role in securing the blockchain and influencing key metrics like staking yield and circulating supply.

• Latest stake: 86,400 ETH (~$266.3M)
• Total staked: 1,052,192 ETH
• Current value: ~$3.25 billion
• Data source: OnchainLens monitoring system

Experts suggest that sustained staking activity at this level reflects confidence in Ethereum’s upgrade trajectory and economic model. As future protocol changes enable more flexible unstaking options, market observers will likely watch for any shifts in positioning.