BitMine, the firm widely associated with analyst Tom Lee, is doubling down on its long-term Ethereum strategy. The company has just staked another 86,400 ETH, worth roughly $266 million, solidifying its position as one of the largest single ETH stakers in the world. This new addition pushes BitMine’s total holdings to an estimated 1.08 million ETH, valued at around $3.3 billion based on current market prices. The firm’s decision represents more than just a financial move , it signals a calculated long-range bet on Ethereum’s stability, yield potential, and future dominance. Instead of taking profit or reducing risk exposure, BitMine
The post BitMine Deepens ETH Commitment As Staking Surges And Ethereum Usage Hits New Highs appeared first on The Merkle News.
