Bitmine staked 86,400 Ethereum worth $266.3 million on January 10, bringing total staked holdings to 1,080,512 ETH valued at approximately $3.33 billion.
The move continues the aggressive staking expansion that began December 26, 2025, when the company first deposited 74,880 ETH.
Tom Lee, Fundstrat Global Advisors co-founder and Bitmine chairman, has overseen the accumulation of over 4.1 million Ethereum (ETH) representing 3.43% of ETH’s total supply.
The company has shifted from passive accumulation to active yield generation, with roughly one-quarter of its holdings now staked for rewards.
At current staking yields near 3.12% annually, the 1.08 million staked ETH could generate approximately 33,700 ETH per year.
Tom Lee(@fundstrat)'s #Bitmine staked another 86,400 $ETH($266.3M) 5 hours ago.
In total, #Bitmine has now staked 1,080,512 $ETH($3.33B).https://t.co/P684j5YQaG pic.twitter.com/TpEf32m6AF
— Lookonchain (@lookonchain) January 11, 2026
December to January Ethereum staking acceleration
Bitmine started staking operations December 26 with a $219 million deposit. The activity accelerated quickly, with the company staking 342,560 ETH worth approximately $1 billion in just two days through December 28.
By January 4, 2026, total staked ETH reached 659,219 tokens valued at $2.1 billion, representing an increase of 250,592 ETH in a single week. The pace continued into January with an additional $1.46 billion staked January 6.
January 8 saw Bitmine stake approximately 99,800 ETH worth roughly $344.4 million, bringing total staked holdings to 908,192 ETH valued at $2.95 billion. The January 10 deposit of 86,400 ETH pushed the total past 1.08 million tokens.
The staking timeline shows Bitmine deployed over $1 billion into staking during the first 10 days of January 2026.
Aggressive treasury strategy targets 5% supply ownership
Lee became Bitmine chairman June 30, 2025, immediately pivoting the company from Bitcoin mining to Ethereum treasury management.
The company announced a second $500 million placement in July to accelerate purchases. Starting from zero holdings, Bitmine accumulated 1,150,263 ETH worth approximately $4.9 billion by mid-August 2025.
Holdings reached 3.86 million ETH by December 8 when the company released 2025 earnings. Bitmine surpassed 4 million ETH on December 21, valued at over $12 billion. The company added 98,852 ETH in a single week at an average price of $2,991 per token.
By January 4, 2026, holdings grew to 4,143,502 ETH worth $13.2-14.2 billion. Lee noted Bitmine remained the largest “fresh money” buyer of ETH globally. The company aims to acquire 5% of all Ethereum tokens.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Citibank promotes "Bitcoin Banking": Striving to launch "Institutional-Grade Custody" and "Cross-Asset Collateral" services this year
Citigroup is pushing for the banking of Bitcoin, planning to deeply integrate it into the traditional financial system, with institutional-grade crypto custody services expected to launch in 2026. By simplifying Bitcoin transaction processes and reducing operational friction, Citigroup aims to attract more institutions to adopt digital assets further. Additionally, the bank is exploring the applications of stablecoins and blockchain deposit tokens, hoping to provide traditional financial institutions with more convenient ways to utilize capital.
区块客11m ago
Maji ETH long positions partially liquidated, with less than $30,000 remaining to lose over $30 million
Gate News Report, March 8 — According to Onchain Lens monitoring, as the market declined, well-known investor Maji's ETH long positions (25x leverage) were partially liquidated. Currently, the loss is just $30,000 away from exceeding $30 million.
GateNews1h ago
Huang Licheng increased his position by 775 ETH long positions, with a total position of 3,900 ETH, and an unrealized loss of over $200,000.
Gate News Report, March 8 — According to Hypersight monitoring, "Big Brother Ma Ji" Huang Licheng increased his ETH long position by 775 ETH on March 8, bringing his total position to 3,900 ETH, worth approximately $7.6 million. Currently, this position has an unrealized loss of over $200,000, with a liquidation price of $1927.63.
GateNews2h ago
ETH drops 0.92% in 15 minutes: macroeconomic bearish data and support loss resonate, triggering price pressure
2026-03-08 11:00 to 2026-03-08 11:15 (UTC), ETH fluctuated within the range of 1952.51 to 1974.42 USDT, with an amplitude of 1.11%. The final 15-minute return was -0.92%. Trading volume briefly increased during this period, on-chain active addresses rose, and market attention intensified, leading to significant short-term volatility during the session.
The main driver of this movement was the US February non-farm payrolls data falling short of expectations, with the unemployment rate rising to 4.2%, which stimulated global risk aversion sentiment and caused capital to flow into dollar assets. Major US stock markets
GateNews2h ago
