BitMine Expands Ethereum Staking To 1.53M ETH Now Worth Over Five Billion

TLDR

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BitMine has staked 1,530,784 ETH, equal to about 4% of the 36M Ether staked network-wide.
The firm added 186,560 ETH in one deposit valued near $625M, according to on-chain data.
About 37% of BitMine’s total 4.1M ETH holdings are now locked in Ethereum staking.
Ethereum’s validator entry queue reached 2.3M ETH, its highest level since August 2023.

BitMine has expanded its Ethereum staking position again, lifting its total staked Ether above 1.5 million ETH. The move places the firm among the largest single participants on Ethereum’s proof-of-stake network. Recent on-chain data shows the company now controls about 4% of all staked Ether. The increase follows a series of large deposits made over recent weeks as BitMine continues to scale its digital asset treasury strategy.

BitMine pushes total staked Ether past 1.5 million ETH

BitMine Immersion Technologies staked an additional 186,560 Ether through its Beacon Depositor address, according to on-chain tracking service Lookonchain. The latest deposit was valued at roughly $625 million at prevailing market prices. This transaction raised the firm’s total staked balance to 1,530,784 ETH.

At current prices, the total staked Ether held by BitMine is valued at about $5.13 billion. This amount represents around 4% of the roughly 36 million ETH currently staked on the Ethereum Beacon Chain. The share places BitMine ahead of most institutional staking participants by volume.

Tom Lee's (@fundstrat) #Bitmine staked another 186,560 $ETH ($624.8M) in the past 10 hours.
Total, Bitmine has now staked 1,530,784 $ETH ($5.13B).#Bitmine Immersion Technologies Now Holds ~$15B In Total Crypto + Cash.
🔹 4.168M ETH Held (3.45% Of Total ETH Supply)
🔹… pic.twitter.com/lLDS74KeVO
— Crypto Patel (@CryptoPatel) January 14, 2026

The company is chaired by Tom Lee, who has previously described Ethereum staking as a core component of the firm’s treasury operations. The latest staking increase comes only days after BitMine surpassed the one-million-ETH milestone, showing a steady pace of deployment.

Holdings data shows room for further staking activity

Company disclosures show BitMine holds more than 4 million Ether in total. Based on the latest figures, about 37% of its Ether holdings are now staked. This suggests additional capacity for future staking deposits if the firm maintains its current approach.

On Monday, BitMine reported total holdings of 4,167,768 ETH. The company also disclosed ownership of 192 Bitcoin, along with nearly $1 billion in cash reserves. In addition, it holds a $23 million equity stake in Eightco Holdings.

The size of these reserves positions BitMine as one of the largest digital asset treasuries focused on Ethereum. The firm has consistently increased its exposure during periods of network stability and higher staking participation.

Ethereum validator entry queue reaches multi-year high

The surge in BitMine’s staking activity has occurred alongside broader growth in Ethereum staking demand. Data from validator monitoring platforms shows the Ethereum validator entry queue has climbed to about 2.3 million ETH. This is the highest level recorded since August 2023.

A growing entry queue means new validators face longer waiting periods before activation. The rise reflects increased interest from large holders and institutions seeking staking yields. BitMine’s recent deposits contributed to the overall queue size.

Blockchain analytics firm Arkham Intelligence also confirmed the accumulation and staking activity through its on-chain dashboards. The firm noted continued movements from BitMine-linked addresses toward Ethereum staking contracts.

BitMine shares rise after staking update

BitMine’s stock reacted positively following reports of the expanded staking position. Shares of the company rose 3.8% in after-hours trading on Tuesday, reaching $32.35, according to data from Google Finance.

The stock has gained about 11.5% year to date. The rise has tracked the broader increase in crypto asset prices during early 2026. Market data shows investors have closely followed updates related to BitMine’s Ethereum exposure.

BitMine continues to add to its staking balance while maintaining diversified digital asset holdings. The company has not released a timeline for future staking deposits. However, on-chain data suggests the firm remains an active participant in Ethereum’s proof-of-stake ecosystem.