More Ethereum Locked: Bitmine Immersion Extends Its ETH Staking – Here’s How Much
Following a brief rebound in Ethereum's price, institutional staking activity is increasing, with significant amounts of ETH being locked. Bitmine Immersion, led by billionaire Tom Lee, has staked an additional 154,208 ETH worth $478.77 million within a 6-hour period, demonstrating strong conviction in Ethereum's long-term prospects. This brings the company's total staked ETH to 1.344 million, valued at approximately $4.17 billion. Separately, SharpLink Gaming has generated over 500 ETH in staking rewards last week, with cumulative rewards now reaching 11,157 ETH since its ETH treasury launch. Both companies are shifting from passive holding to active network participation, contributing to Ethereum's security and decentralization while earning yields. SharpLink also deployed $170 million in ETH on Linea, integrating native yield, restaking rewards, and direct incentives through institutional-grade infrastructure.
bitcoinist01/15 00:02