Tom Lee’s Bitmine Adds 140K ETH, Staked Total Nears $6B

Tom Lee’s Bitmine stakes 140,400 ETH, raising total stake to nearly 3M ETH worth about $6B, or 68.7% of its holdings.

Tom Lee-backed Bitmine Immersion Technologies has added another 140,400 ETH to its staking position within five hours.

The latest move brings the company’s total stake in Ethereum close to $6 billion at current prices. The purchase reflects Bitmine’s ongoing strategy to expand its Ethereum treasury.

Bitmine Stakes Another 140,400 ETH

Bitmine staked an additional 140,400 ETH valued at about $282 million. The transaction occurred within a five-hour window.

The company continues to allocate newly acquired ETH toward staking.

Tom Lee(@fundstrat)'s #Bitmine is still buying $ETH and staking it.

5 hours ago, #Bitmine staked another 140,400 $ETH($282M).

In total, #Bitmine has staked 2.97M $ETH($6.01B), 68.7% of its total holdings.https://t.co/yCucFPLdGs pic.twitter.com/R13lzSIQmE

— Lookonchain (@lookonchain) February 11, 2026

Following the update, Bitmine’s total stake in Ethereum reached about 2.97 million ETH.

The value of these staked holdings stands near $6.01 billion based on recent market rates. Staked assets now represent about 68.7% of its total ETH position.

As of February 11, 2026, total staked holdings were reported above 3 million ETH. Market pricing places the value closer to $6.4 billion.

The company has continued expanding its validator operations.

Total Holdings and Treasury Strategy

Bitmine currently holds about 4.33 million ETH in total. This amount equals roughly 3.58% of Ethereum’s circulating supply.

The company ranks among the largest corporate holders of Ethereum.

Chairman Tom Lee has maintained a positive outlook on Ethereum’s long-term prospects.

Despite a 62% price decline from 2025 highs, the company continues accumulating. Unrealized losses are estimated near $7.5 billion at current prices.

Bitmine has outlined a strategy referred to as “the alchemy of 5%.” The goal is to eventually control 5% of Ethereum’s total supply.

The company continues weekly acquisitions to advance that objective.

**Related Reading:  **Bitmine Adds 40,600 ETH in a Week, Now Holds 3.6% of Total Supply

Staking Revenue and Broader Treasury Holdings

The company’s staked Ethereum generates estimated annualized revenue of about $202 million.

Bitmine plans to expand staking through its Made in America Validator Network. Once fully deployed, projected annual rewards may exceed $374 million.

Daily staking rewards could surpass $1 million based on current projections. The revenue stream forms part of Bitmine’s broader treasury strategy.

Staking remains central to its Ethereum allocation. Beyond Ethereum, Bitmine’s treasury totals about $10 billion.

Holdings include 193 Bitcoin, a $200 million stake in Beast Industries, and about $595 million in cash.

The company ranks as the largest corporate holder of Ethereum and trails only MicroStrategy in overall crypto treasury size.