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Bitmine Boosts Ethereum Stake to $2.52B

Published by
Sohrab Khawas

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.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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