BitMine Stakes Additional $270.6M in Ethereum, Lifting Total Locked ETH to $5.52B
On 20 January 2026, BitMine staked about $270.6 million worth of ETH in a single day, pushing its total Ethereum staking position to roughly $5.52 billion. Executed through several large transfers of tens of thousands of ETH, the move underscores BitMine's role as a major institutional participant in Ethereum's proof-of-stake ecosystem. With more ETH locked for yield, the growing staked supply is tightening liquid circulation and reshaping how large holders engage with the network.