Bitmine already has almost 10% of the ETH that is staked

  • The company accumulates 3.7 million ether (ETH) in staking.

  • Bitmine is the publicly traded company with the largest holdings of ETH.

The American company, Bitmine Immersion Technologies, reinforces its ether (ETH) accumulation strategy and today, April 28, 2026, placed approximately 94,200 ETH in staking, equivalent to $214 million at current prices.

With this move, the company led by Tom Lee already maintains 3.7 million ETH (equivalent to $8.45 billion) in staking (equivalent to approximately 3.7 million ETH), which represents 9.5% of all ether deposited in that process within the Ethereum network.

List showing the latest Bitmine movements. List showing the latest Bitmine movements.
Bitmine made new deposits of ETH in staking. Fountain: arkham.

Staking involves locking ETH to participate in validating Ethereum transactions and receiving rewards for that activity. In the case of Bitmine, this strategy is not limited to the accumulation of ether, but also seeks to generate returns on its holdings.

The data confirms the aggressive strategy of the company led by Tom Lee. As reported by CriptoNoticias, Bitmine already has 5,078,386 ETH on its balance sheets after purchasing 101,901 units during the week of April 20 to 25.

According to Tom Lee, it was the highest pace of purchases recorded by the company since the week of December 15, 2025. The firm is currently the publicly traded company with the largest holdings of ETH. Its reserves represent 4.21% of the total ether supply, estimated at 120.7 million units.

It should be remembered that the firm’s final objective is to acquire 5% of all Ethereum circulation. That is to say, You would need an additional 955,000 ETH to meet this goal.

Table of the top 10 companies with the largest ether treasury.Table of the top 10 companies with the largest ether treasury.
Bitmine is the company with the most ETH in its corporate reserve. Fountain: CoinGecko.

To manage part of that strategy, Bitmine uses its own validation platform, MAVAN (Made in America Validator Network), launched in March 2026. This infrastructure allows the company to operate validators under internal control, without depending exclusively on third-party services.

For now, the move confirms that Bitmine maintains a clear strategy: buy ETH, add it to your treasury and use it in staking for yield.

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