BitMine Stakes $625M ETH, Total Holdings Reach $5.1B

Key Insights

• BitMine stakes 186,560 ETH worth $625 million in 12-hour period on January 13.
• Total Ethereum holdings staked reach 1.53 million ETH valued at $5.13 billion.
• Company now controls 4% of all ETH staked on Beacon Chain after three-week deployment.

BitMine Immersion Technologies has executed a large-scale Ethereum staking operation, depositing 186,560 ETH worth approximately $625 million within a 12-hour window on January 13, 2026.

The transaction brings the company’s total staked Ethereum to 1.53 million ETH valued at $5.13 billion.

The deposit completed an aggressive three-week staking campaign by the Tom Lee-led company. BitMine now controls roughly 4% of the 36 million ETH currently staked on the Beacon Chain.

Blockchain analytics platform Lookonchain confirmed the January 13 staking activity. The 186,560 ETH deposit increased BitMine’s total staked balance to 1,530,784 ETH.

The staked amount comprises 37% of BitMine’s total Ethereum holdings, which stand at 4.17 million tokens. At the current Composite Ethereum Staking Rate of 2.81%, this position generates an estimated $374 million in annual staking rewards.

The scale of the operation positions BitMine as a potential leader in the cryptocurrency ecosystem’s staking provider landscape.

BitMine initiated its first Ethereum staking deposit on December 26-27, 2025. The initial transfer moved approximately 74,880 ETH worth $219 million into the Ethereum deposit contract.

The pace accelerated in early January 2026. On January 2, BitMine added 82,560 ETH valued at $259 million, bringing total staked assets to 544,064 ETH.

By January 4, the staked balance had reached 659,219 ETH, worth $2.1 billion, representing a weekly increase of 250,592 ETH.

On January 6, BitMine deployed 186,336 ETH, worth approximately $604 million, in a single transaction. This pushed the total to 779,488 ETH.

The following day, the company added 19,200 ETH, valued at $60.8 million, bringing the total staked to 827,008 ETH.

By January 11, the total staked Ethereum had surged to 1,256,083 ETH, worth $3.9 billion. This is a weekly increase of 596,864 ETH.

The January 13 deposit of 186,560 ETH completed the quick deployment phase, bringing the final total to 1,530,784 ETH.

Parallel to staking operations, BitMine has maintained active Ethereum purchases. In the final week of 2025, the company acquired 32,977 ETH while increasing its cash position.

In early January 2026, BitMine purchased 24,266 ETH, adding $73 million to its cash reserves.

During the second week of January 2026, the company bought an additional $76 million worth of Ethereum.

As of January 13, 2026, BitMine holds approximately 4,167,768 ETH. This amount equals 3.45% of Ethereum’s total circulating supply.

The company operates under its “Alchemy of 5%” strategy, which aims to acquire 5% of all Ethereum supply.

Successful execution would make BitMine the world’s largest corporate ETH treasury and the second-largest digital asset treasury behind only Strategy’s Bitcoin holdings.

The ambitious target requires acquiring over 6 million ETH at current supply levels. Chairman Tom Lee has called the strategy a long-term accumulation plan.

BitMine also faces a critical shareholder vote on January 15, 2026, in Las Vegas. Chairman Tom Lee is requesting approval to increase authorized shares from 500 million to 50 billion.

The proposal addresses several operational needs for the company’s expansion plans.

Lee stated the authorization would allow future stock splits as Ethereum price appreciation drives BMNR shares toward projected $5,000 levels.

The increased share count would also fund ongoing ETH acquisitions through at-the-market equity offerings while maintaining accessibility for retail investors.

The company has nearly exhausted its current 500 million share authorization. Lee warned that Ethereum accumulation will slow without shareholder approval.

The vote outcome will decide the pace of future expansion under the “Alchemy of 5%” strategy.

The January 13 staking deposit brings BitMine’s three-week total to over 1.5 million ETH deployed.

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