Bitmine deepens Ethereum staking strategy, corporate inventory continues to reach new highs

Large-Scale Staking Increases ETH Holdings Rapidly

According to on-chain data platform Onchain Lens announced on January 8, Bitmine has added another 19,200 ETH to its staking position, amounting to $60.85 million. This transaction marks another milestone in the company’s rapid expansion of Ethereum staking over just a few weeks.

As of now, Bitmine’s total staked ETH has reached 827,008, with a current market value (at $3.38K) of approximately $2.62 billion. Since launching these staking activities at the end of December last year, there has been an accelerating growth trend, demonstrating the company’s long-term commitment to the Ethereum ecosystem.

Corporate Holdings Steadily Grow, Staking Rate as a Key Indicator

Bitmine currently controls over 4.07 million ETH, valued at about $12.8 billion, accounting for 3.4% of Ethereum’s circulating supply, making it the industry’s known largest ETH holder. In the context of approximately 6.81 million ETH held by global enterprise reserves, Bitmine alone contributes over 60% of corporate-level holdings.

Notably, recent staking accounts for about 20% of its total holdings, indicating that, while maintaining the current staking rate, the company has converted a significant portion of assets into interest-bearing assets. With Ethereum’s current annualized staking yield of around 2.8%, Bitmine could generate tens of millions of dollars in passive income annually from these staked assets.

Staking Queue Congestion, Validators Face New Challenges

Bitmine is actively promoting the “Made-in-America Validator Network” (MAVAN), which will operate Ethereum validator nodes within the United States. Although scheduled to launch in Q1 2026, the surge in large institutional staking demand has caused noticeable congestion in the validator queue, potentially delaying the launch timeline.

The increase in staking maintenance rate not only reflects market confidence in Ethereum’s security but also indicates optimistic expectations among enterprise participants for long-term returns. However, the congestion in validator queues also highlights the network’s capacity limitations in handling large-scale staking waves.

Deepening Staking Strategies, Market Structure Further Centralizes

Since the initial staking of 74,880 ETH on December 27 last year, Bitmine has advanced multiple large deposits, including 82,560 ETH in early January, 186,336 ETH on January 6, and the latest 19,200 ETH. This intensive staking rhythm reflects the company’s high regard for Ethereum as a core asset.

Bitmine was scheduled to hold a shareholder meeting in Las Vegas on January 15, where it is expected to disclose detailed plans for staking expansion, validator network progress, and long-term Ethereum asset allocation strategies. As institutional participants continue to increase their staking proportions, the balance between Ethereum’s staking rate and network security remains an important issue to monitor.