BitMine’s Ethereum Digital Asset Treasury (DAT) has recently staked yet another massive batch of Ether. The total staked now exceeds 1.5 million Ether.
BitMine Immersion Technologies led by Tom Lee (BMNR), added 186.560 ETH worth $625 Million to its cryptocurrency. “Beacon Depositor” address, reported Lookonchain Wednesday
It is estimated that the Ethereum world leader (ETH) DAT to 1,530,784 ETH, worth approximately $5.13 billion, equating to 4% of the total 36 million ETH staked on the Beacon Chain.
The share price could increase in the future as the company grows holds a total A total of 4 million ETH have been staked.
This move is just days away from the last one crossed the 1 million milestone Ether staked
The firm was closed on Monday reported The company held 4,167 768 ETH (ethereum), 192 BitcoinsBTCEightco Holdings, a stake worth $23,000,000 and almost one billion dollars of cash.
The Ethereum staking validater entry queue is at its highest since August 2023, with a staggering 2.3,000,000 ETH.
Bitmine stocks rise in after-hours trade
BitMine’s stock rose by 3.8% on Tuesday in trading after-hours to $32.35. according Google Finance
Share prices have risen 11.5% in the past year in line with the overall rise of the crypto market.
Related: Crypto treasury buying outpaces Bitcoin supply at 3-to-1
Tom Lee is the chair of Fundstrat and he remains optimistic about Ether, crypto, in 2026 after a turbulent 2025.
“We continue to view the leverage reset post October 10th, 2025, as akin to the ‘mini crypto winter.’ 2026 is the year crypto prices recover and with stronger gains in 2027-2028,” said Lee Monday
ETH surges 7% today
Ether’s price has seen the largest gain of 7% in the last 24 hours, its biggest daily increase since 2026.
In early Wednesday trading, the coin reached $3.375, its highest price since Dec. 10. according TradingView is a trading platform.
Ether is nearing the upper bands in a 2-month-long sideways channel. break resistance Above $3,400 is required to continue to gain momentum.
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Source: cointelegraph.com
