BitMine has staked an additional 19,200 Ether valued at roughly $60 million, bringing its total staked balance to about $2.62 billion. The move continues a rapid staking expansion that began in late December, signaling a more active approach to managing its growing Ethereum treasury rather than holding assets passively.
The firm now controls more than 4 million ETH, valued at approximately $12.8 billion, making it the largest known corporate holder of Ethereum. Nearly one-fifth of those holdings are staked, allowing BitMine to earn protocol yield while supporting network security. At current staking rates, the strategy could generate meaningful recurring income at scale.
The expanded staking footprint also aligns with BitMine’s plans to launch a US-based Ethereum validator network in 2026. As more institutional players deploy capital into staking, the trend underscores Ethereum’s increasing role as a balance-sheet asset and raises broader questions around validator concentration and market structure.
