• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Bitmine Continues To Stake Ethereum, Adds Another $344.4M Worth ETH

January 8, 2026
in Crypto News
Reading Time: 2min read
0 0
A A
0
Bitmine Continues To Stake Ethereum, Adds Another $344.4M Worth ETH
0
SHARES
9
VIEWS
ShareShareShareShareShare

Tom Lee’s Bitmine has added nearly 100,000 ETH, valued at about $344.4 million on Thursday, lifting its Ethereum holdings to 908,192 ETH, worth $2.95 billion.

The additional staking comes hours after the leading ETH accumulator reported staking 19,200 ETH, worth $60.85 million.

Bitmine Holds 3.43% of Current ETH Circulating Supply

As reported earlier, the company closed last year with a massive 32,977 ETH acquisition, despite slower market activity in the last week of 2025.

“In the final week of 2025, total equity and crypto activity slowed, and yet we acquired 32,977 ETH in the past week,” said Tom Lee, Chairman of Bitmine, in a press release.

The largest “fresh money” buyer of Ethereum, as the company claims, has steadily grown to holding 3.43% of the current ETH circulating supply.

Bitmine (@BitMNR) has further staked 109,504 $ETH, worth $344.44M

In total, they have staked 908,192 $ETH, valued at $2.95Bhttps://t.co/1vbYSuGDkR https://t.co/XRS6pEPUkJ pic.twitter.com/5wLn0GrtTh

— Onchain Lens (@OnchainLens) January 8, 2026

Besides Ethereum, Bitmine also holds 192 Bitcoin valued at $17.3 million, a $25 million stake in WLD treasury firm Eightco and total cash of $915 million as of January 4.

“Our analysis shows that Bitmine has continued to accumulate ETH at an accelerated pace versus other Ethereum DATs. We remain the largest ‘fresh money’ buyer of ETH in the world,” Lee added.

Ethereum Staking Demand Surges – Here’s Why

Per industry analysts, continued ETH staking could ease the near-term selling pressure on the asset, driving potential price upside.

In the case of Bitmine, the company has been staking Ether since Dec. 26.

Besides, Lee has signalled positive prospects for crypto in 2026, as digital assets tend to follow precious metals price movements. The company is aiming to acquire 5% of the circulating Ethereum supply, which currently equals to 6.04 million Ethereum.

The post Bitmine Continues To Stake Ethereum, Adds Another $344.4M Worth ETH appeared first on Cryptonews.


Credit: Source link

ShareTweetSendPinShare
Previous Post

XRP Breaks Bitcoin Correlation as Banking Partnerships Drive Supply Squeeze

Next Post

Vitalik Buterin Explains Why Ethereum Can’t Compete on Speed Alone

Next Post
Dogecoin Price Prediction: Wall Street Just Let Dogecoin In With Nasdaq Listing – Is $1 DOGE Finally Possible?

Vitalik Buterin Explains Why Ethereum Can’t Compete on Speed Alone

You might also like

Strange New Chinese AI ‘KIMI’ Predicts the Price of Bitcoin by the End of 2026

Strange New Chinese AI ‘KIMI’ Predicts the Price of Bitcoin by the End of 2026

June 3, 2026
XRP Price Could Explode After Tokenization Deal With Fund Manager

XRP Price Loses Key Support: The Drawdown May Not Be Over Yet

June 3, 2026
Wen Bitcoin ETF? SEC Delays Roll In as Approval Window Closes

Retail Investors Still Drive Bitcoin Demand Despite ETF Boom, Says Swan CEO

June 1, 2026
$150B in US Tax Refunds Could Fuel Fresh Crypto Inflows, Historical Data Suggests

Trump Crypto Vision: Immigration Order and Stablecoin Economy Set Stage for Bitcoin

May 31, 2026
Radiant Capital Shuts Down After Failing to Recover From US$50M Hack

Radiant Capital Shuts Down After Failing to Recover From US$50M Hack

June 2, 2026
CGV Leads Expansion in Bitcoin Wallet Sector with UniSat Investment

Lawmakers Oppose Labor Dept’s Crypto 401(k) Plan

June 2, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Analyst Predicts When The Bitcoin Price Will Reach $100,000 In 2026

Analyst Predicts When The Bitcoin Price Will Reach $100,000 In 2026

June 6, 2026
Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff

Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff

June 6, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.