BitMine Immersion Technologies has staked an additional 118,944 ETH, worth approximately $352.16 million, bringing its total staked amount to 461,504 ETH, valued at $1.37 billion. This move advances its "5% Alchemy" strategy, aimed at controlling a significant portion of Ethereum's supply. On-chain data also shows continuous accumulation, with a wallet associated with BitMine receiving 32,938 ETH from FalconX. The company's strategy is similar to the treasury operations model used by Bitcoin but targets Ethereum, focusing on generating sovereign revenue and consolidating influence. Ethereum is expected to see a net capital inflow of $4.2 billion in 2025, ranking it among the top globally.

ETH4,4%
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