Bitmine, the Ethereum treasury company chaired by Fundstrat’s Tom Lee, staked an additional 113,280 ETH worth about $341 million today, according to data from Arkham Intelligence.
The transaction brings Bitmine’s total staked Ethereum to 2.3 million ETH, valued at approximately $7 billion, representing 55% of the company’s holdings.
Bitmine holds 4.2 million ETH in total, roughly 3.5% of the entire ETH supply, with a portfolio valuation of $12.8 billion that includes 193 BTC and $682 million in cash.
The Atlanta-based company ranks as the world’s largest Ethereum treasury holder and the second-largest crypto treasury overall behind Strategy.
Bitmine, founded in 1995, pivoted from Bitcoin mining hardware to Ethereum-focused treasury management after Lee became chairman in late 2025. The company counts ARK, Pantera, and Kraken among its investors.
Bitmine plans to launch MAVAN, a US-based validator network, in Q1 2026, with projected annual staking revenues of $374 million.
Source: https://cryptobriefing.com/bitmine-staked-ethereum-assets-7-b/
