Bitmine (BMNR) has significantly expanded its commitment to Ethereum, reinforcing a growing institutional shift toward long-term staking rather than short-term trading. Early this morning, the company deposited 82,560 ETH, valued at approximately $259 million, directly into Ethereum’s Proof-of-Stake contract, according to on-chain data shared by Wu Blockchain. This latest deposit builds on a rapid accumulation strategy that began just days earlier. Since December 27, Bitmine has staked a cumulative 544,064 ETH, worth roughly $1.7 billion at current prices. The pace and scale of these deposits place Bitmine among the most aggressive institutional Ethereum stakers to date, signaling strong conviction in
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