Bitmine Deepens Ethereum Staking with $60.8M Deposit, Totaling $2.62B
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Staking Expansion: Bitmine recently staked an additional 19,200 ETH valued at approximately $60.8 million, bringing its total staked Ethereum to 827,008 ETH worth about $2.62 billion, solidifying its position as the largest corporate holder of ETH globally.
- Significant Earnings Potential: With Ethereum's current staking yield at around 2.8%, Bitmine could potentially earn tens of millions of dollars annually if it maintains this staking pace, thereby enhancing its financial strength.
- Market Share Increase: Bitmine now controls over 4.07 million ETH, representing about 3.4% of Ethereum's total circulating supply, making it a key player among digital asset treasury firms, second only to Bitcoin holders.
- Future Strategic Plans: Bitmine is preparing to launch its
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







