Bitmine Continues To Stake Ethereum, Adds Another $344.4M Worth ETH

Tom Lee’s Bitmine has added nearly 100,000 ETH, valued at about $344.4 million on Thursday, lifting its Ethereum holdings to 908,192 ETH, worth $2.95 billion.

The additional staking comes hours after the leading ETH accumulator reported staking 19,200 ETH, worth $60.85 million.

Bitmine Holds 3.43% of Current ETH Circulating Supply

As reported earlier, the company closed last year with a massive 32,977 ETH acquisition, despite slower market activity in the last week of 2025.

“In the final week of 2025, total equity and crypto activity slowed, and yet we acquired 32,977 ETH in the past week,” said Tom Lee, Chairman of Bitmine, in a press release.

The largest “fresh money” buyer of Ethereum, as the company claims, has steadily grown to holding 3.43% of the current ETH circulating supply.

Bitmine (@BitMNR) has further staked 109,504 $ETH, worth $344.44M

In total, they have staked 908,192 $ETH, valued at $2.95Bhttps://t.co/1vbYSuGDkR https://t.co/XRS6pEPUkJ pic.twitter.com/5wLn0GrtTh

— Onchain Lens (@OnchainLens) January 8, 2026

Besides Ethereum, Bitmine also holds 192 Bitcoin valued at $17.3 million, a $25 million stake in WLD treasury firm Eightco and total cash of $915 million as of January 4.

“Our analysis shows that Bitmine has continued to accumulate ETH at an accelerated pace versus other Ethereum DATs. We remain the largest ‘fresh money’ buyer of ETH in the world,” Lee added.

Ethereum Staking Demand Surges – Here’s Why

Per industry analysts, continued ETH staking could ease the near-term selling pressure on the asset, driving potential price upside.

In the case of Bitmine, the company has been staking Ether since Dec. 26.

Besides, Lee has signalled positive prospects for crypto in 2026, as digital assets tend to follow precious metals price movements. The company is aiming to acquire 5% of the circulating Ethereum supply, which currently equals to 6.04 million Ethereum.