BitMine Stakes Additional 82,560 ETH, Pushing Ethereum Validator Queue Toward 1 Million ETH

BitMine Immersion Technologies has increased its Ethereum staking exposure by depositing another 82,560 ETH, taking its total staked position to 544,064 ETH valued at about $1.62 billion. The move contributes to Ethereum’s validator entry queue climbing to roughly 977,000 ETH with an estimated 17-day activation wait, while only around 113,000 ETH is queued for withdrawal and yields sit near 2.5%. BitMine plans to launch its Made-in-America Validator Network in early 2026 as part of a broader long-term corporate and staking strategy.