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Home News BitMine increased its ETH holdings by 40,000 coins last week, and Tom Lee stated that its ETH staking APY could reach $374 million.

BitMine increased its ETH holdings by 40,000 coins last week, and Tom Lee stated that its ETH staking APY could reach $374 million.

BitMine increased its ETH holdings by 40,000 coins last week, and Tom Lee stated that its ETH staking APY could reach $374 million.

BlockBeats News, January 26th. According to official sources, BitMine, the largest Ethereum treasury company, announced that its holdings of crypto assets, cash, and total value of “potential projects” amount to 12.8 billion U.S. dollars. The holdings include:

· 4,243,338 ETH;

· 193 BTC;

· $200 million equity investment in Beast Industries;

· $19 million equity investment in Eightco Holdings (NASDAQ: ORBS) (categorized as a “potential project”);

· Cash totaling $682 million.

The ETH held by BitMine accounts for 3.52% of the total ETH supply (120.7 million).

BitMine’s Chairman and Fundstrat analyst, Thomas “Tom” Lee, stated: “In the past week, we have increased our ETH holdings by 40,302, and since mid-October, the Ethereum-to-Bitcoin price ratio (ETHBTC) has been continuously rising. We believe this reflects investors’ recognition that Wall Street is building tokenization and other application scenarios on Ethereum. To demonstrate the scale of Wall Street’s construction on Ethereum, the Ethereum Foundation’s official website has listed 35 major financial institutions that have built on Ethereum in just the past few months.”

Furthermore, Tom Lee stated that as of January 25, 2026, the total amount of ETH staked by BitMine is 2,009,267 ETH (valued at $57 billion based on $2,839 per ETH), with an increase of 171,264 ETH in the past week. This only accounts for a portion of the 4.2 million ETH held by BitMine. The current amount of ETH staked by BitMine exceeds that of any other entity globally, and based on a 2.81% CESR calculation, the annualized staking yield can reach $374 million, averaging over $1 million per day.

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