Bitmine Stakes $366M More Ethereum, Grabs 11% of All Staked ETH

Bitmine Immersion Technologies staked 162,088 Ethereum ($366M) on April 30, becoming the largest corporate staker at 11% of total staked ETH amid geopolitical tensions and regulatory nods to institutional staking. The move caps a 10-day frenzy starting April 21 with 101,627 ETH ($230M) buys, surging to 5.1M holdings (4.2% supply) via 65K ETH ($147M) on April 29, and staking bursts like 106K ETH to lock 77% (~3.92M ETH, $9B, $264M annual yield). Accumulation tightens liquid supply during $2,300 consolidation, boosting long-term bullish outlook for a $2,400 breakout.