Bitmine staked 5,760 ETH in a transaction valued at about $11.9 million, according to Onchain Lens (blockchain data tracking service). The move brought Bitmine’s cumulative staked holdings to 4.7187 million ETH, worth approximately $9.76 billion based on the figures cited. Staking (locking crypto to earn rewards) is a common blockchain mechanism in Ethereum that allows holders to commit tokens to support network operations while potentially earning yield.