BitMine Boosts Ethereum Stake to 461K ETH, Eyes Network Share Growth
The post BitMine Boosts Ethereum Stake to 461K ETH, Eyes Network Share Growth appeared on BitcoinEthereumNews.com.
BitMine Immersion Technologies recently staked an additional 118,944 ETH valued at $352.16 million, increasing its total staked position to 461,504 ETH worth $1.37 billion under its “Alchemy of 5%” strategy to control a key share of Ethereum’s network supply. BitMine’s aggressive staking shift marks a move from holding to yield generation for institutional Ethereum treasuries. On-chain data reveals a new wallet receiving 32,938 ETH ($97.8 million) from FalconX prime broker, linked to BitMine’s buying activity. Ethereum attracted $4.2 billion in net capital inflows in 2025 per Artemis data, outpacing rivals like Solana and Hyperliquid. BitMine Immersion Technologies boosts ETH staking to 461,504 ETH ($1.37B), eyeing 5% network control. Discover the strategy driving 2025 inflows and treasury yields. Stay ahead in crypto. What is BitMine Immersion Technologies’ latest Ethereum staking move? BitMine Ethereum staking has escalated with the deposit of 118,944 ETH, valued at approximately $352.16 million, elevating the company’s total staked holdings to 461,504 ETH worth $1.37 billion. This action advances its “Alchemy of 5%” initiative, a structured approach to secure substantial influence over Ethereum’s total supply through consistent accumulation and staking. The move underscores a pivot toward generating sovereign yield amid market consolidation. Why is BitMine aggressively accumulating and staking ETH? BitMine’s strategy mirrors proven institutional playbooks, converting treasury assets into yield-bearing positions. By staking 461,504 ETH, the firm supports Ethereum’s network security while earning rewards that bolster its balance sheet stability. On-chain analysis from observers highlights a fresh wallet funded with 32,938 ETH ($97.8 million) via FalconX, aligning with BitMine’s $130 million purchase pattern. This accumulation has grown total holdings to 4.11 million ETH, representing 3.41% of the network—up from 3.37%—achieved in just 5.5 months toward a projected 4% threshold by late 2026. Supporting data from 2025 Artemis reports shows Ethereum dominating with $4.2 billion in net capital…
Filed under: News - @ January 1, 2026 8:22 pm