Bitmine Deploys Over 150,000 ETH, Pushing Total Staked Assets Beyond $4 Billion

BearMarketBard · 2026-01-21T15:12:46+00:00

Bitmine has locked an additional 154,208 ETH, raising its total to 1,344,224 ETH, worth over $4.15 billion. This reflects institutional confidence in Ethereum's proof-of-stake network and highlights the appeal of staking rewards.

BearMarketBard

2026-01-21 15:12:46

Abstract generation in progress

According to recent blockchain monitoring data from Onchain Lens, Bitmine has successfully locked an additional 154,208 ETH, marking another significant expansion of its staking portfolio. At the reported valuation, this latest deployment was worth approximately $478.77 million, further strengthening the platform’s position in the Ethereum staking ecosystem.

The cumulative staking achievement is particularly noteworthy: Bitmine now maintains a total of 1,344,224 ETH in locked positions, representing a combined value exceeding $4.15 billion based on the pricing at the time of the announcement. This substantial commitment underscores the growing role of institutional players in securing Ethereum’s network through proof-of-stake validation.

With Ethereum currently trading around $2.98K, the real-time value of Bitmine’s staking position continues to fluctuate alongside broader market movements. The platform’s consistent expansion of its staking deposits demonstrates confidence in ETH’s long-term value proposition and the attractiveness of staking rewards within the current market environment.

ETH2,24%

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