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- Bitmine’s staked Ethereum surpasses 1.08M ETH as deposits accelerate into January.
- Tom Lee guides Bitmine’s shift to large-scale ETH accumulation and staking growth.
- Company targets expanding rewards as staked ETH could yield about 33,700 ETH yearly.
Bitmine staked 86,400 Ethereum on January 10. The deposit was worth $266.3 million. This move pushed the company’s total staked balance to 1,080,512 ETH. The holdings were valued at roughly $3.33 billion. The activity extended a rapid expansion that began in late December.
Bitmine began staking on December 26, 2025. Its first deposit totaled 74,880 ETH. The company shifted from passive accumulation to active yield generation soon after. About one-quarter of its total Ethereum inventory is now staked for network rewards.
Tom Lee is chairman of Bitmine and also co-founded Fundstrat Global Advisors. He has supervised the accumulation of more than 4.1 million ETH. That figure accounts for 3.43% of Ethereum’s circulating supply. It marks one of the largest single-entity holdings in the market.
Bitmine Accelerates Staking Growth
Staking returns stand near 3.12% annually. At those rates, the 1.08 million staked ETH could generate about 33,700 ETH per year. Bitmine has signaled continued interest in growing its reward-producing base. The company’s deposits show a clear timeline of escalating activity.
Bitmine staked 342,560 ETH on December 28. The tokens were worth about $1 billion. That came only two days after its initial staking transaction. The pace reflected a sharp escalation in its strategy.
By January 4, the company had staked 659,219 ETH. The value reached about $2.1 billion at the time. This total included an increase of 250,592 ETH within a single week. The flow of deposits continued into January.
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On January 6, Bitmine added another batch worth $1.46 billion. Two days later, it staked roughly 99,800 ETH valued near $344.4 million. These deposits lifted total staked holdings to 908,192 ETH. The January 10 deposit then pushed the figure above 1.08 million.
Aggressive ETH Purchases Gain Momentum
Bitmine plans to spend over $1 billion in staking during the initial 10 days of January 2026. The on-chain presence of the company grew at an accelerated rate. Each transaction strengthened the shift towards yield-based operations.
On June 30, 2025, Tom Lee became chairman. He shifted Bitmine on the path of Bitcoin mining and over to Ethereum treasury management. In July, the company declared that it would be allocating $500 million to accelerate purchases. By the middle of August 2025, Holdings increased to 1,150,263 ETH.
Bitmine has 3.86 million ETH as of December 8. On December 21 it passed the four-million mark. The total holdings had reached 4,143,502 ETH valued between 13.2 and 14.2 billion by January 4, 2026. The company has a goal of capturing 5% of all Ethereum supply.
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