BitMine Now Controls 4% of All Staked Ethereum After 186,560 ETH Move

LiveBTCNews
ETH0,35%

BitMine stakes 1.53M ETH worth $5.13B, now holding 4% of all staked ETH and 4.17M total ETH as validator queue hits 2.3M.

BitMine Immersion Technologies has staked a total of 1.53 million Ether, now representing 4% of all ETH locked on the Beacon Chain.

The company added 186,560 ETH in a single transaction this week, pushing its total holdings to over $5 billion in value. This development follows a period of rapid accumulation, marking a sharp rise in BitMine’s Ethereum exposure.

BitMine Adds 186,560 ETH in Latest Staking Transaction

On Wednesday, blockchain analytics firm Lookonchain reported that BitMine staked 186,560 ETH, worth around $625 million at current prices. The Ether was transferred to the Beacon Depositor address used by BitMine for its staking operations.

Tom Lee(@fundstrat)'s #Bitmine staked another 186,560 $ETH($624.8M) in the past 8 hours.

In total, #Bitmine has now staked 1,530,784 $ETH($5.13B).https://t.co/P684j5YQaG pic.twitter.com/cgeVvUPy7d

— Lookonchain (@lookonchain) January 14, 2026

This brings the company’s total holdings to 1,530,784 ETH. At current market value, this equals approximately $5.13 billion. The amount now makes up 4% of the total ETH staked on the Beacon Chain, which holds about 36 million ETH in total.

The company has continued staking aggressively in 2026. Only days earlier, it surpassed the 1 million ETH staked milestone. The latest addition reflects the company’s growing position in Ethereum staking.

BitMine Holds Over 4M ETH and Maintains Active Treasury

BitMine Immersion Technologies, chaired by Tom Lee, added 24,266 ETH last week, raising its total to 4.168M ETH, 3.45% of the total supply.

JUST IN: Tom Lee’s (@fundstrat) Bitmine Bought 24,266 $ETH Last Week#Bitmine Immersion Technologies Now Holds $14.0B In Total Crypto + Cash.

🔹 4.168M ETH Held (3.45% Of Total ETH Supply)
🔹 4,167,768 ETH At $3,119 Per ETH
🔹 1.25M+ ETH Staked, Targeting $1M+/Day Staking… pic.twitter.com/DGHyR3OM7w

— Crypto Patel (@CryptoPatel) January 12, 2026

With over 1.25M ETH staked and $14B in combined crypto and cash assets, the firm aims to reach 5% of all ETH and generate $1M+ in daily staking revenue. Ahead of the January 15, 2026 Annual Meeting at Wynn Las Vegas.

BitMine is chaired by Tom Lee of Fundstrat, who has made recent public comments supporting long-term crypto growth. While market direction can shift, the firm’s ETH staking strategy has remained consistent since the start of the year.

_Related Reading: _****Tom Lee’s BitMine Adds 24,266 Ethereum Before BMNR Vote Deadline

ETH Validator Queue Grows as BitMine Stock Sees Boost

The Ethereum validator entry queue has reached 2.3 million ETH, the highest level since August 2023. This shows strong network interest in staking, though it could also signal delays in new validators going live.

Following the staking news, BitMine stock increased by 3.8% in after-hours trading on Tuesday, reaching $32.35. The stock is also up 11.5% year to date, according to Google Finance.

Meanwhile, Ethereum’s price rose by 7% in the past 24 hours, reaching $3,375. This marks its highest level since mid-December and follows broader gains in the crypto market.

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

Ethereum stablecoin market share fell from 90% to 65%, while the number of independent senders rose to 12,000

Based on the latest data, Ethereum’s market share in non-USD stablecoins has fallen from 90% in 2023 to 65% as of February 2026, while other blockchains have rapidly risen. Despite this, Ethereum still remains the primary stablecoin issuing chain, and the number of unique senders has increased significantly.

GateNews6m ago

Cardano Outshines Ethereum in Google’s Quantum AI Whitepaper Rankings

Cardano ranks above Ethereum in Google Quantum AI quantum resistance report. Ethereum faces major risks from exposed wallets and vulnerable smart contracts. Cardano’s UTXO design offers stronger protection against future quantum attacks. A recent Google Quantum AI whitepaper sparked

CryptoNewsLand36m ago

Whale Sells 1,323 ETH at Loss After Two-Month Hold

Gate News message, a whale sold 1,323 ETH for $2.7 million USDC at a price of $2,041, incurring a loss of $1.28 million after holding the assets for 2 months. The whale initially withdrew 1,327.48 ETH valued at $3.99 million from CEX and currently holds 5.76 ETH worth $11.8K. Address: 0x3511BF7472Ef

GateNews1h ago

Yesterday, Ethereum spot ETFs had net outflows of $71.1688 million, with BlackRock’s ETHA seeing outflows of $46.6635 million.

On April 2, the total net outflow from Ethereum spot ETFs was $71,168,800, including a outflow of $46,663,500 from BlackRock’s ETHA and an outflow of $16,803,900 from Grayscale’s ETHE. The total net assets currently amount to $11.699 billion, with an ETF net asset ratio of 4.69%.

GateNews1h ago

Swing-trading mega whale pension-usdt.eth added 41 million US dollars worth yesterday. ETH short positions; the total short position size is 107.5 million US dollars.

Gate News message: On April 3, according to monitoring by The Data Nerd, the swing-trading whale pension-usdt.eth yesterday (April 2) increased its ETH short position by $41 million using 3x leverage. It currently holds a total ETH and BTC short position of about $107.5 million.

GateNews1h ago
Comment
0/400
No comments