Tom Lee’s BitMine Stakes 250,912 ETH

Published by

Sohrab Khawas

January 29, 2026

Bitmine Adds 71K ETH, Now Holds 4.73M ETH

Tom Lee’s BitMine Immersion Technologies recently added 250,912 $ETH ($745 million) to staking, bringing total staked Ethereum to 2,582,963 $ETH ($7.67 billion), or 61% of its 4.24 million ETH treasury. The company plans to eventually hold 5% of Ethereum’s total supply and launch its MAVAN validator network in Q1 2026. With potential annual yields of $215 million at 2.8-3% rates, analysts see this move as a major institutional endorsement of Ethereum’s security, scalability, and long-term growth potential.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Ethereum