Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (2,794)
  • Analysis (2,939)
  • Bitcoin (3,546)
  • Blockchain (2,136)
  • DeFi (2,597)
  • Ethereum (2,427)
  • Event (101)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (2,668)
  • Press Releases (11)
  • Reddit (2,222)
  • Regulation (2,450)
  • Security (3,409)
  • Thought Leadership (3)
  • Uncategorized (2)
  • Videos (43)
Hand picked
  • Stop feeding the fee grinder. why your SOL swaps keep failing and how to actually fix it
  • Bitcoin: Short liquidations hit $736 million as BTC rebounds to $70,000: Brewing Squeeze?
  • PI Beats BTC and ETH, But Resistance Rejection Triggers Alarm Signals
  • DOGE Crypto Enters “Maximum Opportunity” Zone
  • FedEx Joins Hedera Council to Advance Digital Supply Chain Infrastructure
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»Bitmine Ups Ethereum Stake to 1.9 Million ETH, Valued at $5.7 Billion: On-Chain Data
Analysis

Bitmine Ups Ethereum Stake to 1.9 Million ETH, Valued at $5.7 Billion: On-Chain Data

January 23, 2026No Comments
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Share
Facebook Twitter LinkedIn Pinterest Email


BitMine Immersion Technologies, the publicly traded Ethereum treasury company led by Tom Lee, today staked an additional 171,264 ETH worth $503 million, according to data tracked by Lookonchain.

Tom Lee(@fundstrat) #Bitmin staked 171,264 more $ETH($503.2 million) 6 hours ago.

In all, #Bitmin has now bet 1,943,200 $ETH($5.71 billion). pic.twitter.com/xrFAF4KKau

– Lookonchain (@lookonchain) January 23, 2026

The total amount of Ether staked by the company now stands at approximately 1.9 million ETH, valued at approximately $5.7 billion.

BitMine holds over 4 million ETH in total, representing approximately 3.5% of Ethereum’s circulating supply. The company has set itself the goal of reaching 5% of the total supply.

The company projects annual revenue of over $400 million from staking rewards on its ETH treasury, according to a January 2026 Lee shareholder update.

BitMine transitioned from Bitcoin mining to an Ethereum-focused treasury model after Lee took over as president in June 2025. The company now ranks as the largest institutional holder of Ethereum among publicly traded entities, with a market capitalization exceeding $13 billion.





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleNivex surpasses 400,000 registered users as CEO Simon Hardy advances long-term global expansion strategy
Next Article Solana DAT’s $DONT Memecoin hits $26 million – but Degens is warned: ‘Don’t buy it’

Related Posts

Analysis

DOGE Crypto Enters “Maximum Opportunity” Zone

February 15, 2026
Analysis

Does Bitcoin price reach $45,000? On-chain indicator says yes

February 15, 2026
Analysis

Mortgage and real estate crisis that tokenization can solve

February 15, 2026
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Crypto Expo Europe 2026: Eastern Europe’s Flagship Web3 Event Returns to Bucharest

January 29, 2026

Bucharest, Romania – March 1-2, 2026 – The countdown has begun for one of the…

Event

What impact is the recently approved crypto regulation having in Brazil? The answer will be at MERGE São Paulo this March

January 28, 2026

SÃO PAULO, JANUARY 28, 2026 – São Paulo city will host Latin America’s leading debate…

1 2 3 … 72 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

PI Beats BTC and ETH, But Resistance Rejection Triggers Alarm Signals

February 15, 2026

Binance XRP Reserves Drop to 2024 Low as Traders Eye Accumulation Signal

February 15, 2026

Apollo’s $90M Plan – Enough to erase MORPHO’s 40% Q4 drop?

February 15, 2026
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2026 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 68,950.00
ethereum
Ethereum (ETH) $ 1,970.22
tether
Tether (USDT) $ 0.999582
xrp
XRP (XRP) $ 1.49
bnb
BNB (BNB) $ 616.02
usd-coin
USDC (USDC) $ 0.999904
solana
Solana (SOL) $ 86.43
tron
TRON (TRX) $ 0.280582
dogecoin
Dogecoin (DOGE) $ 0.103206
staked-ether
Lido Staked Ether (STETH) $ 2,265.05