Bitmine restakes 150,120 ETH worth $278M

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Bitmine, a firm owned by Tom Lee, restaked 150,120 ETH in a new ETH update, valued at approximately $278 million, according to Lookonchain. This brings its total staked ETH to 5,067,309, worth $9.38 billion, or 87.4% of its ETH holdings. The move follows ongoing developments in ETH related to restaking activity and increasing institutional participation.

According to Lookonchain, Tom Lee’s Bitmine again staked 150,120 ETH, approximately $278 million, three hours ago. Bitmine has now staked a total of 5,067,309 ETH, worth approximately $9.38 billion, representing 87.4% of its total ETH holdings.

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