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.

Tom Lee(@fundstrat)'s #Bitmine staked another 113,280 $ETH($340.68M) an hour ago.

In total, #Bitmine has now staked 2,332,051 $ETH($7B), 55% of its total holdings.https://t.co/P684j5YQaG pic.twitter.com/Q4VDKaxmFp

— Lookonchain (@lookonchain) January 28, 2026

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.