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#Bitmine keeps expanding its $ETH position in a massive way.
Last week alone, Bitmine accumulated another 71,672 ETH worth roughly $153.66M, pushing its total holdings to 5,278,462 ETH , currently valued at around $11.32B.
What stands out even more is how much of that ETH is locked into staking. Bitmine has already staked 4,712,917 ETH worth about $10.1B, meaning roughly 89.29% of its entire ETH holdings are now generating yield instead of sitting idle.
At this scale, Bitmine is becoming one of the largest institutional ETH holders and stakers in the market.