On January 29, news reports that Bitmine has increased its Ethereum staking position again. On-chain data shows that the company staked 147,072 ETH, worth approximately $4.405 billion. After the increase, Bitmine’s total staked amount has reached 2,516,896 ETH, currently valued at about $7.45 billion, once again confirming its status as one of the largest single participants in Ethereum staking.
The newly staked ETH will be locked in the Ethereum staking system, used to maintain network security and generate staking rewards. These rewards come from validating transactions and supporting the Proof of Stake (PoS) mechanism. Over the past few months, Bitmine has repeatedly adopted similar increasing strategies, prioritizing staking over selling, thereby continuously expanding its influence within the Ethereum network.
Bitmine is known for holding a large reserve of ETH, with a total holding of over 4 million ETH, most of which has been staked. Through staking, these tokens can generate over $1 million in rewards daily, providing the company with stable income. At the same time, large-scale staking reduces the amount of ETH available in the market, which, under tight supply and demand conditions, helps support the price.
From a network perspective, the large amount of ETH locked in enhances the security of the Ethereum PoS system and demonstrates institutional confidence in Ethereum’s long-term prospects. Despite concerns about centralization, Ethereum has numerous validators, and even large stakers like Bitmine remain within a controllable influence range.
Market analysts point out that Bitmine’s continuous increase in holdings indicates confidence in Ethereum’s future network activity and price trends. It also reflects that institutions are increasingly inclined to treat crypto assets as productive capital rather than mere trading tools. If Bitmine maintains this trend, its staking balance could further grow by 2026, further tightening Ethereum’s liquidity supply and providing long-term support for market prices.
This round of staking not only strengthens Bitmine’s revenue strategy but also sends a positive signal for the stable development of the Ethereum ecosystem.
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