Ethereum finance company Bitmine, chaired by Tom Lee of Fundstrat, has invested an additional 113,280 shares. $ETH Its value today is approximately $341 million, according to Arkham Intelligence data.
Tom Lee (@fundstrat)’s #Bitmine bet another 113,280 $ETH($340.68 million) 1 hour ago.
In total, #Bitmine is currently staking 2,332,051 $ETH($7 billion), 55% of total holdings. https://t.co/P684j5YQaG pic.twitter.com/Q4VDKaxmFp
— Lookonchain (@lookonchain) January 28, 2026
This transaction brings the total Ethereum staked by Bitmine to 2.3 million $ETHwhose value is approximately $7 billion, representing 55% of the company’s holdings.
Bitmine holds 4.2 million $ETH In total, about 3.5% of the total $ETH The portfolio valuation is $12.8 billion, which includes 193 BTC and $682 million in cash.
The Atlanta-based company is the world’s largest holder of Ethereum bonds and ranks as the second-largest holder of crypto bonds overall, behind Strategy.
Founded in 1995, Bitmine shifted its focus from Bitcoin mining hardware to financial management centered on Ethereum after Mr. Lee became chairman at the end of 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 expected annual staking revenue of $374 million.
