Bitmine's Ethereum PoS Staking Exceeds 1 Million ETH, Valued Over $3.2 Billion

Bitmine’s Ethereum proof-of-stake holdings surpassed 1 million ETH on Jan. 9, reaching 1.032 million ETH worth about $3.22 billion, according to EmberCN. The staked amount represents roughly 25% of Bitmine’s total 4.143 million ETH balance, underscoring its role in securing the Ethereum network. Data also shows ETH queued for staking has risen to 1.778 million, while the exit queue has cleared, signaling strong validator demand and network efficiency.