Bitmine invests $282M by staking 140,400 ETH

Bitcoin Desk - The Bitcoin Street Journal cyberpunk, trending on artstation in the style of cyberpunk

Bitmine has staked an additional 140,400 $ETH, valued at approximately $282 million, further solidifying its commitment to Ethereum. This move reflects a broader trend where crypto mining companies are increasingly participating in ETH staking, prompted by the shift towards a proof-of-stake model that rewards validators for enhancing network security. As institutional interest in staking rises, participation in Ethereum staking continues to grow, indicating a robust ecosystem supporting the blockchain.

Source

You might be interested in …

Crypto Desk March 1, 2026

Aave’s TVL falls $9.5B in 3 months as Justin Sun shifts $910M stablecoins

Aave’s total value locked (TVL) has declined by $9.5 billion over the past three months, largely attributed to depreciating assets and ongoing governance disputes that have diminished user confidence. Notably, Justin Sun transferred $910 million […]

ETHZilla Drops Ethereum Treasury Label in Rebrand After Share Price Collapse

Crypto Desk March 2, 2026

AST SpaceMobile reports $54.3M Q4 revenue, tops estimates

AST SpaceMobile reported fourth-quarter earnings for 2025, generating revenue of $54.3 million, significantly surpassing estimates of $39.44 million, although it posted an earnings per share loss of $0.26, worse than the anticipated loss of $0.21. […]

Crypto Desk February 15, 2026

Ethereum treasury rotation highlights BTC preference

In the latest development, an unidentified entity has shifted its cryptocurrency holdings from Ethereum (ETH) to Bitcoin (BTC), suggesting a strategic move by potentially swapping ETH-based assets for BTC as a precautionary measure. This aligns […]