The post Tom Lee’s BitMine Acquires 35,268 ETH as Staked Ethereum Surges to All-Time High appeared on BitcoinEthereumNews.com. BitMine Immersion Technologies, ledThe post Tom Lee’s BitMine Acquires 35,268 ETH as Staked Ethereum Surges to All-Time High appeared on BitcoinEthereumNews.com. BitMine Immersion Technologies, led

Tom Lee’s BitMine Acquires 35,268 ETH as Staked Ethereum Surges to All-Time High

BitMine Immersion Technologies, led by Tom Lee, has purchased 35,268 Ethereum throughout the previous week, further expanding its Ethereum treasury. This comes as staking transactions hit a new all-time high within the Ethereum network.

Bitmine Increases Its Ethereum Treasury

According to the press release, the company has total holdings of over 4.2 million ETH. Its total holdings now constitute approximately 3.48% of the total supply of Ethereum, confirming BitMine as the largest ETH treasury worldwide.

This comes just a week after BitMine increased its holdings by 24,266 ETH ahead of its shareholders’ meeting. According to Lee, the most recent ETH purchases are a sign of increasing institutional trust in Ethereum’s use in financial markets.

He cited the increased integration of tokenization and settlement solutions on Wall Street, which are directly based on the Ethereum blockchain. In addition to Ethereum, BitMine also holds BTC and cash. According to the company, its total crypto and cash holdings are about $14.5 billion.

Meanwhile, the recent BitMin purchase comes amid the surge in staked Ethereum, which hints at a potential supply crunch for the largest altcoin by market cap. Ethernet data indicate that almost a third of the total supply is currently staked, suggesting strong long-term confidence in the network.

The Ethereum Staking Strategy

Additionally, BitMine continues to expand its staking operations rapidly. The company owns about 1.84 million staked ETH, worth approximately $5.9 billion as of January 19.

Staked ETH has also hit a record high of $118 billion. In addition, the number of active validators has increased, indicating greater network participation. Over 976,000 validators are currently securing Ethereum, with more than 2 million ETH pending staking.

BitMine has additional expansion plans for its staking strategy with its upcoming Made in America Validator Network (MAVAN). When this is fully deployed, staking rewards will bring considerable recurrent revenue. According to Lee, the annual staking income could be over $370 million at current rates.

Source: https://coingape.com/tom-lees-bitmine-acquires-35268-eth-as-staked-ethereum-surges-to-all-time-high/

Market Opportunity
Ethereum Logo
Ethereum Price(ETH)
$2,968.88
$2,968.88$2,968.88
-2.11%
USD
Ethereum (ETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Top 4 Tokens Turning IP Rights Into Investable Assets

Top 4 Tokens Turning IP Rights Into Investable Assets

IP tokenization opens royalties to investors as BeatSwap, Audius, Story Protocol, and Opulous turn music and media rights into on-chain, income-backed assets.
Share
Blockchainreporter2026/01/21 17:45
‘Anti-Innovation’: Experts Slam Nigeria’s ‘Disproportionate’ Capital Requirements for Crypto Firms

‘Anti-Innovation’: Experts Slam Nigeria’s ‘Disproportionate’ Capital Requirements for Crypto Firms

The post ‘Anti-Innovation’: Experts Slam Nigeria’s ‘Disproportionate’ Capital Requirements for Crypto Firms appeared on BitcoinEthereumNews.com. The Nigerian SEC
Share
BitcoinEthereumNews2026/01/21 17:34
Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

The post Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 20:13 The meme coin market is heating up once again as traders look for the next breakout token. While Shiba Inu (SHIB) continues to build its ecosystem and PEPE holds onto its viral roots, a new contender, Layer Brett (LBRETT), is gaining attention after raising more than $3.7 million in its presale. With a live staking system, fast-growing community, and real tech backing, some analysts are already calling it “the next PEPE.” Here’s the latest on the Shiba Inu price forecast, what’s going on with PEPE, and why Layer Brett is drawing in new investors fast. Shiba Inu price forecast: Ecosystem builds, but retail looks elsewhere Shiba Inu (SHIB) continues to develop its broader ecosystem with Shibarium, the project’s Layer 2 network built to improve speed and lower gas fees. While the community remains strong, the price hasn’t followed suit lately. SHIB is currently trading around $0.00001298, and while that’s a decent jump from its earlier lows, it still falls short of triggering any major excitement across the market. The project includes additional tokens like BONE and LEASH, and also has ongoing initiatives in DeFi and NFTs. However, even with all this development, many investors feel the hype that once surrounded SHIB has shifted elsewhere, particularly toward newer, more dynamic meme coins offering better entry points and incentives. PEPE: Can it rebound or is the momentum gone? PEPE saw a parabolic rise during the last meme coin surge, catching fire on social media and delivering massive short-term gains for early adopters. However, like most meme tokens driven largely by hype, it has since cooled off. PEPE is currently trading around $0.00001076, down significantly from its peak. While the token still enjoys a loyal community, analysts believe its best days may be behind it unless…
Share
BitcoinEthereumNews2025/09/18 02:50