Tom Lee’s Bitmine Increases Staked Ethereum to $1,620,000,000

Bitmine Ethereum staking continues to draw attention after new on-chain data showed the firm has pushed its total staked Ether above $1.62 billion. The latest transaction adds to a fast pace of deposits made since late December, placing Bitmine among the most active corporate participants in Ethereum’s proof-of-stake system.

Bitmine Ethereum Staking Grows Through Steady Deposits

After recently adding 44,463 ETH at a cost of approximately $130 million, on-chain records show that Bitmine deposited an additional 82,560 ETH into the Ethereum staking contract. At current market prices, the single transaction is valued at roughly $259 million. 

This move builds on a series of deposits carried out in recent days, rather than a one-time transfer. Since December 27, Bitmine has consistently sent large amounts of Ether to the staking contract. In total, the firm has now staked 544,064 ETH. Based on prevailing prices, this brings the value of its staked holdings to about $1.62 billion. 

The scale and timing of the deposits suggest a deliberate plan to expand long-term exposure to Ethereum’s validation process instead of holding assets idle.

The firm’s recent activity follows another large transaction earlier in the week, when Bitmine staked ETH valued at around $352 million. Together, these moves place the company among the top corporate stakers on the network.

How much Ethereum Bitmine Has Committed So Far

It is worth mentioning that the amount now locked in staking represents a notable share of Bitmine’s overall Ether position. Estimates indicate the firm holds roughly 4.11 million ETH in total. With 544,064 ETH staked, about 13 percent of its holdings are now committed to the network.

Similarly, this level of participation signals confidence in Ethereum’s proof-of-stake model. By locking funds into the validation system, Bitmine accepts reduced liquidity in exchange for ongoing staking rewards. 

The approach also reduces direct exposure to short-term price swings, since the assets are not actively traded.

Shift Toward Income Over Short-Term Trading

Market observers note that Bitmine Ethereum staking activity points to a broader strategy change. Rather than focusing on frequent buying and selling, the firm appears to be prioritizing steady income through staking rewards.

By validating transactions on Ethereum, Bitmine earns yield paid in ETH, which can accumulate over time. As more firms look for predictable returns in the digital asset space, Bitmine’s approach highlights how large holders are using staking as a core part of their strategy, not just a side activity.