Right this moment, Tom Lee’s BitMine Immersion Applied sciences elevated its Ethereum holdings by staking an extra 86,400 $ETH, or $266.3 million in a single motion. The staking strengthens Bitmine’s standing as a major participant within the cryptocurrency staking trade, bringing the quantity staked to 1,080,512 ETH, or roughly $3.33 billion.
In response to Arkham information, the Ether treasury firm made a number of small deposits to Ethereum’s BatchDeposit contract on Sunday. On-chain information point out that on the present worth of $ 3,091.40 ETH, BitMine now holds roughly 2.738 million ETH, value roughly $8.46 billion.
BitMine expands Ethereum staking amid development
Tom Lee(@fundstrat)’s #Bitmine staked one other 86,400 $ETH($266.3M) 5 hours in the past.
In complete, #Bitmine has now staked 1,080,512 $ETH($3.33B).https://t.co/P684j5YQaG pic.twitter.com/TpEf32m6AF
— Lookonchain (@lookonchain) January 11, 2026
The current staking follows the Ether treasury agency’s staking of 82,560 Ethereum, value roughly $259 million, 5 days in the past. Much like the present staking, the agency made bigger deposits on Ethereum’s BatchDeposit contract.
After staking 82,560 tokens, your entire quantity of Ethereum staked by BitMine elevated to 544,064 Ether, value about $1.62 billion. In response to on-chain analyst Lookonchain, the company started staking Ether on December 26 and transferred roughly 74,880 ETH tokens, value round $219 million, to staking-related contracts on the Ethereum community.
The 74,880 ETH deposit marked Bitmine’s first try and generate income from staking its belongings. Much like Technique’s Bitcoin shopping for program, the corporate constructed up its Ethereum holdings via methodical acquisitions.
Bitmine’s resolution to stake implies that the corporate plans to carry Ethereum for an prolonged interval fairly than aggressively buying and selling the place.
The vigorous staking push has helped drive Ethereum’s validator admission queue to roughly 1,815,746 Ethereum.
In response to the Ethereum Validator Queue on the blockchain explorer, new validators should wait an estimated 31 days and 13 hours to turn out to be lively. Exit exercise stays comparatively low, with little over 192,000 Ethereum out there for withdrawal.
Amid this rising validator backlog, BitMine started getting ready its personal staking infrastructure to enter the market final November strategically.
On November 21, final 12 months, BitMine introduced its intention to make the most of an inner infrastructure known as the Made-in-America Validator Community (MAVAN) to start staking Ether within the first quarter of 2026. The corporate selected three institutional staking suppliers for an preliminary trial earlier than rising this system, deploying a small quantity of Ethereum to evaluate efficiency, safety, and operational dependability.
Ethereum’s community statistics point out that about 35.5 million Ethereum, or about 29% of the entire provide, are presently staked. The yearly staking yield is roughly 2.54%.
In an X publish, Abdul Rehman, CEO of DeFi at layer-1 blockchain Monad, said that Ether’s worth doubled shortly after the entry and exit queue flipped in June. 2026 is “going to be a film,” in keeping with his prediction.
Lee predicts Ethereum surge amid market restoration
As of December 29 of final 12 months, Bitmine reported a complete holding of 4.11 million Ethereum, 192 Bitcoins, and a $23 million curiosity in Eightco belongings. BitMine’s complete crypto and money belongings quantity to almost $13.2 billion, with over $1 billion in money.
The company is roughly two-thirds of the best way towards attaining its “alchemy of 5%” purpose, with the ether place accounting for roughly 3.41% of the community’s circulating provide of over 120.7 million ETH.
“We proceed to be the most important ‘contemporary cash’ purchaser of ETH on this planet. Yr-end tax-loss associated promoting is pushing down crypto and crypto fairness costs, and this impact tends to be the best from 12/26 to 12/30, so we’re navigating markets with this in thoughts.”
Tom Lee, Chairman of BitMine.
Mr. Lee expressed a bullish outlook for Ethereum in a press release on December 26, predicting that Ethereum would possibly attain $7,000 to $9,000 in early 2026. In response to Lee, the way forward for cryptocurrency “remains to be actually good for the following 5 to 10 years.”
Lee referred to tokenization as Ethereum’s predominant development engine. He projected that the token would ultimately attain $20,000 as Ethereum competes with established cost strategies.
In response to the October 10 reversal in cryptocurrency final 12 months, the chairman described it as “a liquidation occasion that was just like 2022 when FTX collapsed.” In response to Lee, it took the markets eight weeks to get well and stabilize.
