The world’s largest Ethereum (ETH) treasury, BitMine, announced that over the past week, the company purchased an additional 24,266 ETH. Despite expanding its crypto asset holdings, it successfully increased its cash position by $73 million.
(Background: BitMine continues to be the largest buyer of Ethereum! Last week, it bought nearly 33,000 ETH, expanding its staking total to 660,000)
(Additional context: BitMine added another 44,463 ETH! It now has 400,000 ETH staked, with plans to launch MAVAN next year to expand staking scale)

Table of Contents

• Asset size reaches $14 billion, ETH holdings account for 3.45% of the global supply
• Over 1.25 million ETH staked, staking footprint continues to expand
• Tom Lee: 2026 is a key year for crypto market recovery, Ethereum has the most structural advantages

The world’s largest Ethereum (ETH) reserve company, BitMine Immersion Technologies, announced today (12) that over the past week, the company continued to increase its ETH holdings, purchasing an additional 24,266 ETH. Despite expanding its crypto asset holdings, it successfully increased its cash position by $73 million.

Asset size reaches $14 billion, ETH holdings account for 3.45% of the global supply

According to the announcement, as of 7 p.m. Eastern Time on January 11, BitMine’s total assets—including crypto assets, cash, and strategic investments (Moonshots)—have reached $14 billion. Specifically, the holdings include:

• 4,167,768 ETH, valued at approximately $3,119 per ETH
• 193 BTC
• About $23 million in strategic investment in Eightco Holdings (NASDAQ: ORBS)
• $988 million in cash

Based on this, BitMine currently holds about 3.45% of the total global ETH supply, maintaining its position as the world’s largest Ethereum reserve institution. In just six months, it has achieved nearly 70% of its long-term goal to acquire 5% of the global ETH supply.

Over 1.25 million ETH staked, staking footprint continues to expand

In terms of asset allocation, BitMine is also actively deploying in Ethereum staking. As of January 11, 2026, the company has staked 1,256,083 ETH, worth approximately $3.9 billion at current prices. In just the past week, it added 596,864 ETH to staking.

BitMine states that its staked ETH now exceeds that of any single entity globally. It is working with three staking service providers to prepare for the commercial launch of MAVAN (Made in America Validator Network) in 2026. Based on the current combined Ethereum staking reward rate (CESR) of approximately 2.81%, in a full staking scenario, the annualized yield could reach hundreds of millions of dollars.

Tom Lee: 2026 is a critical year for crypto market recovery, Ethereum has the most structural advantages

Tom Lee, Chairman of BitMine and founder of Fundstrat, stated in the announcement that 2026 will be a pivotal turning point for the entire crypto industry. He pointed out that the proliferation of stablecoins and the trend of asset tokenization are driving blockchain to become Wall Street’s core settlement layer. Under this framework, Ethereum has the most obvious structural advantages.

Lee also described the market adjustment after October 2025 as a “mini crypto winter,” and believes that prices will recover in 2026, with stronger growth momentum possible in 2027 and 2028. He emphasized that BitMine will continue to focus on “increasing ETH holdings per share” as its core strategy and will cautiously use equity financing tools only when it benefits shareholder value.