BitMine staked another 186,560 Ether, bringing its total staked to 1.53 million, which is valued at over $5 billion.
Ethereum digital asset treasury (DAT) BitMine has just staked another huge batch of Ether, bringing its total amount staked to over 1.5 million ETH.
Tom Lee-chaired BitMine Immersion Technologies (BMNR) added 186,560 ETH (worth around $625 million) to the “Beacon Depositor” address, Lookonchain on Wednesday.
This brings the total amount staked by the world’s largest Ethereum () DAT to 1,530,784 ETH, worth approximately $5.13 billion, equating to 4% of the total 36 million ETH staked on the Beacon Chain.
This share could still increase as the company of just over 4 million ETH, of which 37% has now been staked.
The move comes just a few days after it in staked Ether.
On Monday, the firm that it held 4,167,768 ETH, 192 Bitcoin (), almost a billion dollars in cash, and a $23 million stake in Eightco Holdings.
Meanwhile, the Ethereum staking validator entry queue has skyrocketed to 2.3 million ETH, its highest level since August 2023.
Bitmine stock rises in after-hours trading
BitMine stock climbed 3.8% in after-hours trading on Tuesday to reach $32.35, to Google Finance.
The company has had a solid start to the year, with share prices gaining 11.5% year to date in tandem with the broader rise in crypto markets.
Related:
Fundstrat’s Tom Lee, who chairs the firm, remains bullish on Ether and crypto in 2026 following a tumultuous end to 2025.
“We continue to view the leverage reset post October 10th, 2025, as akin to the ‘mini crypto winter.’ 2026 is the year crypto prices recover and with stronger gains in 2027-2028,” Lee on Monday.
ETH price surges 7% on the day
Meanwhile, the price of Ether has just seen its largest daily gain in 2026, rising 7% over the past 24 hours.
The asset tapped $3,375, its highest level since Dec. 10, on Coinbase in early trading on Wednesday, to TradingView.
Ether is approaching the upper bands of a two-month sideways channel and needs to above $3,400 to see any further meaningful momentum.
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