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Bitmine has significantly expanded its Ethereum staking position, recently depositing another 79,296 ETH into its validator network. This latest addition brings the major staking operator's total locked ETH to approximately 154,000 tokens, according to on-chain data tracked by Onchain Lens as of late December.
At current Ethereum prices of $2,970, Bitmine's total 154,000 ETH stake is now valued at around $457.6 million, with the newly committed 79,296 ETH worth approximately $235.4 million. The substantial capital deployment underscores Bitmine's aggressive expansion in the Ethereum staking ecosystem, solidifying its position as one of the network's largest staking service providers.