Bitmine just staked 86,400 ETH-$266.3 million of your hard-earned cash, folks. What’s next, a pyramid scheme? 🤯
The move continues the aggressive staking expansion that began December 26, 2025, when the company first deposited 74,880 ETH. Because nothing says “I’m a big shot” like throwing $219M at crypto. 💸
Tom Lee, the guy who probably still uses a flip phone, has been quietly amassing 4.1 million ETH. 3.43% of the total supply? More like 3.43% of your retirement savings. 💸
The company has shifted from passive accumulation to active yield generation, with roughly one-quarter of its holdings now staked for rewards. Because who needs a day job when you can just sit back and collect? 🕯️
At a 3.12% annual yield, this is basically a passive income stream. If only it were as easy as just… not doing anything. 🤷♂️
Tom Lee(@fundstrat)’s #Bitmine staked another 86,400 $ETH($266.3M) 5 hours ago.
In total, #Bitmine has now staked 1,080,512 $ETH($3.33B).
– Lookonchain (@lookonchain) January 11, 2026
December to January Ethereum staking acceleration
Bitmine started staking operations December 26 with a $219 million deposit. Who needs sleep when you can just stake ETH? 😴
The activity accelerated quickly, with the company staking 342,560 ETH worth approximately $1 billion in just two days through December 28. Because why wait? 🚀
By January 4, 2026, total staked ETH reached 659,219 tokens valued at $2.1 billion. The pace continued into January with an additional $1.46 billion staked January 6. Because crypto is just a game, right? 🎮
January 8 saw Bitmine stake approximately 99,800 ETH worth roughly $344.4 million, bringing total staked holdings to 908,192 ETH valued at $2.95 billion. Because who needs a budget? 💸
The staking timeline shows Bitmine deployed over $1 billion into staking during the first 10 days of January 2026. Because why not? 🤷♂️
Aggressive treasury strategy targets 5% supply ownership
Lee became Bitmine chairman June 30, 2025, immediately pivoting the company from Bitcoin mining to Ethereum treasury management. Because nothing says “I’m a visionary” like changing plans mid-stream. 🧠
The company announced a second $500 million placement in July to accelerate purchases. Because why have a plan when you can just throw money at it? 💸
Starting from zero holdings, Bitmine accumulated 1,150,263 ETH worth approximately $4.9 billion by mid-August 2025. Because who needs a business model? 🤯
Holdings reached 3.86 million ETH by December 8 when the company released 2025 earnings. Bitmine surpassed 4 million ETH on December 21, valued at over $12 billion. Because why not? 💸
By January 4, 2026, holdings grew to 4,143,502 ETH worth $13.2-14.2 billion. Lee noted Bitmine remained the largest “fresh money” buyer of ETH globally. Because who needs a conscience? 🤷♂️
Read More
- What Song Is In The New Supergirl Trailer (& What It Means For The DC Movie)
- Eurogamer Gives ARC Raiders 2/5 Over AI Voices, Dropping Metacritic Score from 94 to 84
- Gold Rate Forecast
- Marvel Star’s Hit HBO Series Surprise Renewed for New Season (Will It Affect Avengers: Secret Wars?)
- Marathon is Taking Aim at Bubble Shields, Knives, Snipers and More in Upcoming Balance Patches
- OpenAI says GPT‑5 cuts political bias — but is 30% enough?
- 10 Best Connie Episodes of King of the Hill
- Kylo Ren’s Darkest Moment: A Shocking Echo of Anakin’s Infamous Past
- Ariana Grande and More Celebs React to Golden Globes 2026 Nominations
- Demon Slayer Star Reacts to Infinity Castle Movie Return for Surprising Role
2026-01-11 20:41