ExchangeDEX+

Buy Crypto Markets Spot Futures500X Earn Events

Ethereum treasury firm Bitmine has begun staking Ether after depositing nearl Ethereum treasury firm Bitmine has begun staking Ether after depositing nearl

Bitmine begins staking ETH, deposits $219M into Ethereum PoS contract

2025/12/27 18:24

Ethereum treasury firm Bitmine has begun staking Ether after depositing nearly $219 million worth of ETH into Ethereum’s proof-of-stake system.

Ethereum treasury firm Bitmine has begun staking its Ether holdings depositing nearly $219 million worth of ETH into Ethereum’s proof-of-stake (PoS) system.

On Sunday, multiple wallets linked to Bitmine sent large Ether (ETH) transfers to a contract labeled “BatchDeposit,” onchain data from Arkham shows. The transfers totaled 74,880 ETH, a pattern typically associated with institutional staking setups that aggregate funds before validator creation.

“The largest Ethereum treasury company Bitmine (BMNR) has finally started attempting to stake its held ETH to earn interest income,” EmberCN said in a post on X.

Market Opportunity

Ethereum Price(ETH)

$2,927.67

$2,927.67$2,927.67

+0.17%

USD

Ethereum (ETH) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.