Yield Generation Mega-Move: Bitmine Ethereum Staking Tops 1 Million ETH
The corporate shift from accumulation to yield generation is hitting overdrive. Bitmine Immersion Technologies has executed another massive Bitmine Ethereum staking deposit, locking up 86,400 ETH (worth $266.3 million) on January 10. This latest move brings the company’s total staked holdings to a colossal 1,080,512 ETH, valued at approximately $3.33 billion. Under Chairman Tom Lee, Bitmine is rapidly transforming its massive treasury into a powerful, revenue-generating asset.
This isn’t a one-off event; it’s a relentless campaign. The company began staking on December 26, 2025, and has since deployed over $1 billion into staking contracts in just the first 10 days of January 2026. With roughly one-quarter of its 4.14 million ETH treasury now actively staked, Bitmine is poised to generate an estimated 33,700 ETH per year at current yields—turning its reserve into a cash-flow engine.
The Strategy Behind Aggressive Bitmine Ethereum Staking
This aggressive Bitmine Ethereum staking push is a key part of a larger, audacious vision. Since pivoting from mining in mid-2025, Bitmine has become the world’s largest “fresh money” buyer of ETH, now holding over 3.43% of the entire supply. The stated goal is to acquire 5% of all Ethereum, making it a de facto mega-whale and permanent fixture in the ecosystem.
The timeline is staggering. From zero holdings in June 2025, Bitmine’s treasury ballooned to over 4.14 million ETH. The recent focus on staking marks Phase Two: monetizing that hoard. By actively validating, Bitmine not only earns yield but also directly supports the network’s security, aligning its financial success with Ethereum’s long-term health.
My Thoughts
This is institutional crypto strategy at its most sophisticated. Bitmine is no longer just a holder; it’s an active network participant and yield farmer at a scale never before seen. This massive, locked staking position removes a significant amount of liquid supply from the market, creating a structural supply shock. Other corporations will see this blueprint and likely follow, further compounding demand for ETH as both a capital asset and an income-producing instrument. It’s a total paradigm shift for how institutions interact with crypto networks.
