Bitmine significantly expands staking scale on Ethereum

New_Ser_Ngmi · 2026-01-31T13:08:44+00:00

Bitmine has made headlines by adding 171,264 ETH to its stake, bringing its total to 1,943,200 ETH. This move demonstrates strong institutional confidence in Ethereum and reflects ongoing investment in the ecosystem, significantly influencing market sentiment.

New_Ser_Ngmi

2026-01-31 13:08:44

Abstract generation in progress

On January 23rd, the large-scale staking provider Bitmine executed a new stake of 171,264 ETH, attracting attention in the cryptocurrency market. This additional deposit, confirmed through on-chain analysis by BlockBeats, has brought Bitmine’s total staked amount to 1,943,200 ETH.

This move demonstrates a continued investment stance toward the Ethereum ecosystem. Through Bitmine’s large-scale staking consolidation, it is evident that institutional investors have confidence in the Ethereum validation network. In the current Ethereum staking market, the actions of such major players have a significant impact on overall market sentiment.

Bitmine’s ongoing staking expansion strategy reflects a firm long-term commitment to the Ethereum ecosystem and symbolizes the steady demand for staking in the industry.

ETH-4.35%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.