At this time, 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. This staking strengthens Bitmine’s place as an necessary participant within the crypto staking trade, with a staking quantity of 1,080,512 ETH, or roughly $3.33 billion..
The Ether treasury firm made a number of small deposits into Ethereum batch deposit contracts on Sunday, in keeping with Arkham knowledge. On-chain knowledge The present value of three,091.40 ETH signifies that BitMine at present 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 ($266.3 million) 5 hours in the past.
In whole, #Bitmine has at present staked 1,080,512 $ETH($3.33B). https://t.co/P684j5YQaG pic.twitter.com/TpEf32m6AF
— Lookonchain (@lookonchain) January 11, 2026
The latest staking follows Ether Monetary Firm staking 82,560 Ethereum value roughly $259 million 5 days in the past. Much like present staking, the corporate made massive deposits with Ethereum’s BatchDeposit contract.
After staking 82,560 tokens, the whole quantity of Ethereum staked by BitMine elevated to 544,064 Ether (value roughly $1.62 billion). In line with on-chain analyst Lookonchain, the corporate started staking Ether on December twenty sixth, transferring roughly 74,880 ETH tokens value roughly $219 million to staking-related contracts on the Ethereum community.
The 74,880 ETH deposit marked Bitmine’s first try to earn income by staking property. Much like Technique’s Bitcoin shopping for program, the corporate elevated its Ethereum holdings by way of systematic acquisitions.
Bitmine’s determination to accumulate the stake means that the corporate plans to carry Ethereum for the long run, reasonably than actively buying and selling its positions.
Because of a vigorous staking drive, Ethereum’s validator admission queue has reached roughly 1,815,746 Ethereum.
In line with Ethereum validator queue on blockchain explorer. New validators should wait an estimated 31 days; 13 hours till lively. Withdrawal exercise stays comparatively low, with simply over 192,000 Ethereum obtainable for withdrawal.
With this validator backlog rising, BitMine started making ready its personal staking infrastructure to strategically enter the market final November.
Final November 21, BitMine introduced We plan to start staking Ether within the first quarter of 2026 utilizing an inside infrastructure referred to as Made-in-America Validator Community (MAVAN). The corporate chosen three institutional staking suppliers for preliminary trials to deploy a small quantity of Ethereum to guage efficiency, safety, and operational reliability earlier than increasing this system.
In line with Ethereum community statistics, there are at present roughly 35.5 million Ethereum staked, which is roughly 29% of the whole provide. The annual staking yield is roughly 2.54%.
In a submit on X, Abdur Rehman, CEO of Layer 1 Blockchain Monad DeFi, stated: stated After the entry and exit queues have been swapped in June, the value of Ether quickly doubled. In line with his prediction, 2026 will probably be a film.
Lee predicts Ethereum to soar amid market restoration
As of December 29 of final yr, Bitmine reported holding a complete of 4.11 million Ethereum, 192 Bitcoin, and a $23 million curiosity in Eightco property. BitMine’s whole crypto and money property whole almost $13.2 billion, of which over $1 billion is in money.
The company is You are about two-thirds of the best way to attaining your “Alchemy 5%” purpose, and the etheric place occupies about two-thirds of the best way. 3.41% of the community’s circulating provide of over 120.7 million ETH.
“We proceed to be the world’s largest ‘recent cash’ purchaser of ETH. We’re navigating the market with this in thoughts because the year-end tax loss-related sell-off has depressed the costs of cryptocurrencies and crypto shares, and this affect tends to be best from December twenty sixth to December thirtieth.”
Tom Lee, Chairman of Bitmine.
Lee expressed his bullish outlook for Ethereum in a press release on December 26, predicting that Ethereum might attain $7,000 to $9,000 in early 2026. In line with Lee, the way forward for cryptocurrencies is “nonetheless excellent for the following 5 to 10 years.”
Lee talked about that tokenization is Ethereum’s principal development engine. He predicted that the token would finally attain $20,000 as Ethereum competes with established cost strategies.
In response to the reversal within the cryptocurrency market on October 10 of final yr, the chairman described it as a “liquidation occasion much like 2022 when FTX went bankrupt.” Lee stated it took eight weeks for the market to recuperate and stabilize.
