Strategic Move: Bitmine Stakes a Staggering $610 Million in Ethereum
Global, May 2025: In a significant strategic deployment of capital, cryptocurrency investment firm Bitmine has staked an additional 209,504 Ethereum (ETH), a move valued at approximately $610 million at current market prices. This substantial commitment, first reported by blockchain analytics platform Lookonchain, elevates Bitmine’s total staked ETH to a formidable 2,218,771 tokens. The transaction underscores […]
