BitMine Stakes $219.2 Million in ETH While Holding $10.759 Billion Unstaked
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 27 2025- Staking Investment: BitMine staked approximately $219.2 million in Ethereum (ETH) on Friday, with on-chain transfers indicating multiple large transactions completed in a short timeframe, reflecting the company's confidence and long-term investment strategy in the Ethereum network.
- Unstaked Assets: Despite the significant staking, BitMine retains around $10.759 billion in unstaked Ethereum, providing flexibility for future staking opportunities while underscoring its pivotal role within the Ethereum ecosystem.
- Market Outlook: Analyst Tom Lee reiterated his bullish outlook for Ethereum, predicting a price increase from $3,000 to $7,000 or $9,000 by 2026, emphasizing the impact of growing network usage on price, which may attract more investor interest.
- Utility-Driven Growth: Lee highlighted that Ethereum's future relies not only on trading momentum but also on its ability to handle large transaction volumes, transforming into financial infrastructure that enhances its competitiveness in global payments, thereby driving broader adoption of the network.
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.
