BlockBeats news: On January 26, according to official announcements, BitMine, the largest Ethereum fund company, declared that the total value of its held cryptocurrency assets, cash, and "potential projects" investments reached $1.28 billion. This includes:
· 4,243,338 ETH; · 193 BTC;
· A $200 million equity investment in Beast Industries;
· A $19 million equity investment in Eightco Holdings (NASDAQ: ORBS), categorized under "Potential Projects";
· Total cash of $68.2 million.
Bitmine holds 3.52% of the total ETH supply (120.7 million ETH).
Thomas "Tom" Lee, Chairman of Bitmine and Analyst at Fundstrat, said, "Over the past week, we added 40,302 ETH. Since mid-October, the ETH to BTC price ratio (ETHBTC) has been continuously rising. We believe this reflects investors recognizing that Wall Street is building tokenization and other applications on Ethereum. To illustrate the scale of Wall Street's construction on Ethereum, the Ethereum Foundation's official website alone has listed 35 major financial institutions building on Ethereum in just the past few months."
In addition, Tom Lee stated that as of January 25, 2026, the total amount of ETH staked by Bitmine was 2,009,267 (valued at $5.7 billion at $2,839 per ETH), an increase of 171,264 ETH in the past week. This accounts for only a portion of the 4.2 million ETH held by Bitmine. The amount of ETH staked by Bitmine now exceeds that of any other entity globally. With a CESR of 2.81%, the annualized staking yield could reach $374 million, or more than $1 million per day.