Bitmine reaches 461,504 staked Ethereum worth nearly $1.4B: On-chain data

PermabullPete · 2026-01-01T16:20:29+00:00

Bitmine Immersion Technologies has staked 461,504 ETH, valued at approximately $1.4 billion, and plans further investments through its Made in America Validator Network, projecting annual staking rewards of around $374 million.

PermabullPete

2026-01-01 16:20:29

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Source: CryptoBriefing Original Title: Bitmine reaches 461,504 staked Ethereum worth nearly $1.4B: On-chain data Original Link: https://cryptobriefing.com/bitmine-reaches-461504-eth-in-total-staked-assets/ Bitmine Immersion Technologies, the Ethereum treasury giant led by Thomas “Tom” Lee, has boosted its staking activity following its latest disclosure.

Data tracked by Onchain Lens shows that Bitmine now has 461,504 ETH staked, valued at approximately $1.4 billion.

Bitmine has further staked 118,944 ETH, valued at $352.16M. In total, they have staked 461,504 ETH, worth $1.37B.

Also, a newly created wallet received 32,938 ETH, worth $97.8M, from FalconX. It likely belongs to Bitmine.

Bitmine revealed Monday that it had 408,627 ETH staked as of December 28, representing a small portion of its treasury of more than 4 million ETH.

On-chain data also indicates that the company may have purchased an additional 32,938 ETH through a newly created wallet.

Bitmine is collaborating with three external staking providers in advancing plans for its Made in America Validator Network (MAVAN), slated for release early this year.

Bitmine projects that a full deployment of its ETH through MAVAN and partner validators could yield around $374 million annually in staking rewards. The company says MAVAN is designed as a secure, “best-in-class” infrastructure solution.

ETH-1.49%

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MelonField

· 01-04 00:16

Hmm... 4.61 million ETH, how much is that again? 1.4 billion, right? That's pretty impressive.

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Web3ExplorerLin

· 01-03 16:44

hypothesis: Tom Lee's been quietly staking while everyone's obsessing over price charts... if we deconstruct this through a game theory lens, 461k ETH represents a fascinating bridging mechanism between capital accumulation and network security, no? technically speaking, that's nearly 1.4B in validators effectively becoming economic nodes in the decentralized future

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LiquidatedNotStirred

· 01-02 07:48

Tom Lee is stacking Ethereum again. Isn't this guy afraid of a market dump?

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ForkYouPayMe

· 01-01 16:50

461k ETH? Tom is awesome, the room for this operation is ridiculously large.

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DefiPlaybook

· 01-01 16:48

461k ETH staked, $1.4B USD. This number sounds pretty impressive, but honestly, compared to Lido's scale, it's still a little brother.

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TokenomicsDetective

· 01-01 16:33

This amount is not far from 1.5B, Tom Lee's move is really solid... Just stack ETH and it's done.

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On-ChainDiver

· 01-01 16:32

Tom Lee's move is really impressive, with 1.4B ETH just sitting there earning staking rewards... I wonder how confident he must be.

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GasOptimizer

· 01-01 16:31

Over 460,000 ETH staked; I need to run the data through Excel to feel at ease. $1.4 billion is locked here; how should the risk model be calculated...

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ContractHunter