Tom Lee’s Bitmine stakes 140,400 ETH, raising total stake to nearly 3M ETH worth about $6B, or 68.7% of its holdings.
Tom Lee-backed Bitmine Immersion Technologies has added another 140,400 ETH to its staking position within five hours.
The latest move brings the company’s total stake in Ethereum close to $6 billion at current prices. The purchase reflects Bitmine’s ongoing strategy to expand its Ethereum treasury.
Bitmine Stakes Another 140,400 ETH
Bitmine staked an additional 140,400 ETH valued at about $282 million. The transaction occurred within a five-hour window.
The company continues to allocate newly acquired ETH toward staking.
Following the update, Bitmine’s total stake in Ethereum reached about 2.97 million ETH.
The value of these staked holdings stands near $6.01 billion based on recent market rates. Staked assets now represent about 68.7% of its total ETH position.
As of February 11, 2026, total staked holdings were reported above 3 million ETH. Market pricing places the value closer to $6.4 billion.
The company has continued expanding its validator operations.
Total Holdings and Treasury Strategy
Bitmine currently holds about 4.33 million ETH in total. This amount equals roughly 3.58% of Ethereum’s circulating supply.
The company ranks among the largest corporate holders of Ethereum.
Chairman Tom Lee has maintained a positive outlook on Ethereum’s long-term prospects.
Despite a 62% price decline from 2025 highs, the company continues accumulating. Unrealized losses are estimated near $7.5 billion at current prices.
Bitmine has outlined a strategy referred to as “the alchemy of 5%.” The goal is to eventually control 5% of Ethereum’s total supply.
The company continues weekly acquisitions to advance that objective.
Related Reading: Bitmine Adds 40,600 ETH in a Week, Now Holds 3.6% of Total Supply
Staking Revenue and Broader Treasury Holdings
The company’s staked Ethereum generates estimated annualized revenue of about $202 million.
Bitmine plans to expand staking through its Made in America Validator Network. Once fully deployed, projected annual rewards may exceed $374 million.
Daily staking rewards could surpass $1 million based on current projections. The revenue stream forms part of Bitmine’s broader treasury strategy.
Staking remains central to its Ethereum allocation. Beyond Ethereum, Bitmine’s treasury totals about $10 billion.
Holdings include 193 Bitcoin, a $200 million stake in Beast Industries, and about $595 million in cash.
The company ranks as the largest corporate holder of Ethereum and trails only MicroStrategy in overall crypto treasury size.
Source: https://www.livebitcoinnews.com/tom-lees-bitmine-adds-140k-eth-staked-total-nears-6b/
