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BitMine Adds 5,760 ETH to Staking, Pushing Total Staked Ether Above $9.76 Billion

Source
Suehyeon Lee

Summary

  • BitMine has expanded its Ethereum (ETH) staking position.
  • BitMine recently added 5,760 ETH to staking, worth about $11.9 million.
  • BitMine’s total ETH staking holdings stand at about 4,718,677 ETH, or roughly $9.76 billion, while its total Ethereum holdings account for about 4.5%% of the circulating supply.

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Photo: Onchain Lens
Photo: Onchain Lens

BitMine has expanded its Ethereum staking position.

Onchain Lens said on May 27 that BitMine recently staked an additional 5,760 ETH, worth about $11.9 million.

BitMine’s total staked Ether now stands at about 4,718,677 ETH, valued at roughly $9.76 billion at current prices.

The company holds about 5.4 million ETH in total, equal to roughly 4.5% of Ether’s circulating supply.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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