Bitmine has staked $219 million worth of ETH into Ethereum’s PoS system. The firm holds over 4 million ETH, with an approximate APY of 3.12%. If all staked, they could earn 126,800 ETH, valued at $371 million.

Bitmine’s Ether treasury surpasses 4 million tokens after deposits totaling 100,000 ETH at an average price of $2,991 per token. The firm plans to begin Ether staking in 2026 through the Made-in America Validator Network.

Ethereum’s TVL could increase tenfold in 2026 as institutional participation grows. Sharplink Gaming predicts stablecoin market will reach $500 billion, with over half of activity on Ethereum. Ethereum’s TVL could see significant growth with sustained issuance and transaction increases.

Read more at Cointelegraph: Bitmine Begins Staking ETH With $219 Million PoS Deposit