BitMine Stock Jumps as Ethereum Staking Hits $9.5B
Ethereum BitMine Stock Jumps as Ethereum Staking Hits $9.5B Bitcoin Ethereum News Key Insights:BitMine stock jumps 3.58% amid the companys ETH staking expansion.The firm stakes 162K ETH, pushing total to $9.5B.73% of the ETH stash is generating $264M annual yield. BitMine stock moved higher in April 2026 after BitMine expanded its Ethereum staking position with a new allocation of 62,088 ETH. The move occurred following on-chain data reported by Onchain Lens, which tracked the latest staking activity. The transaction took place across Ethereum staking infrastructure used by institutional participants. The development mattered because it reinforced BitMines strategy of combining asset accumulation with yield generation through staking. BitMine Stock Price Soars Amid ETH Staking Activity According to the latest findings of Onchain Lens, BitMine has further bolstered its Ethereum staking stash. In the latest Ethereum news, the company staked 162,088 ETH, worth $365.67 million. BitMine Stock Jumps Amid ETH Staking; Source: X It is worth noting that this addition comes after BitMine‘s recent staking of 111,496 ETH. After the latest Ethereum news, the company’s total Ethereum holdings in its staking stash have grown to a massive 4,196,973 ETH, worth $9.5B. This indicates that the company is taking its staking activity as seriously as its aggressive ETH accumulation strategy. In response