Ethereum News Today: Bitmine's ETH Holdings Near 5% Threshold, Fueling $374M Staking Yield Outlook

Bitmine Immersion Technologies (NYSE AMERICAN: BMNR) has announced that its Ethereum (ETH) holdings have reached 4.11 million tokens, representing 3.41% of the total ETH supply. This latest update, revealed on December 29, 2025, underscores the company's aggressive accumulation strategy as it inches closer to its long-term goal of acquiring 5% of the ETH supply according to the company announcement. The firm's total crypto and cash holdings now sum to $13.2 billion, including $1 billion in cash, 192 Bitcoin (BTC), and a $23 million stake in Eightco Holdings (ORBS) as reported.

The company's chairman, Thomas "Tom" Lee, emphasized that Bitmine continues to be the largest "fresh money" buyer of ETH globally, having added 44,463 ETH in the past week alone. Lee noted that year-end tax-loss selling has pressured crypto and crypto equity prices, but Bitmine remains focused on its long-term vision according to the company's statement. In addition, Bitmine's staking activity is accelerating: as of December 28, it had staked 408,627 ETH, with a total staking value of $1.2 billion at the current ETH price. The company is preparing to launch its proprietary staking solution, the Made in America Validator Network (MAVAN), in early 2026 according to the company announcement.

Strategic Expansion and Market Position

Bitmine's strategic buildup of ETH has positioned it as the largest ETH treasury in the world, trailing only behind MicroStrategy's Bitcoin holdings in the global treasury ranking. The firm's Ethereum accumulation efforts, which began in June 2025, have yielded rapid progress, with the company acquiring over 4 million ETH in less than six months. The recent purchase of 13,412 ETH on December 22, valued at $40.61 million at the time, marked another step toward its goal as reported in crypto news.

Bitmine's staking activity, which includes working with three staking partners, has also gained momentum as it prepares for the full-scale deployment of its in-house staking infrastructure .

With a composite Ethereum staking rate (CESR) of 2.81%, Bitmine estimates that if all its ETH holdings are fully staked, the annual staking revenue would exceed $374 million according to the company's financial report. This would translate into more than $1 million in daily staking income, reinforcing the company's financial resilience and providing a steady income stream while holding the asset as detailed in the company's announcement. The company's staking strategy is part of a broader effort to optimize yield and income on its ETH holdings, a key component of its strategic roadmap for long-term value creation for shareholders according to the company's strategic plan.

Shareholder Engagement and Future Plans

Bitmine is preparing for its Annual Stockholder Meeting on January 15, 2026, at the Wynn Las Vegas, where four key proposals will be presented for shareholder approval. These include the election of directors, an increase in authorized shares, the approval of the 2025 Omnibus Incentive Plan, and a non-binding advisory vote on executive compensation arrangements. Chairman Tom Lee emphasized the importance of shareholder support in achieving the company's "alchemy of 5%" plan and encouraged stockholders to vote ahead of the meeting according to the company's announcement.

The company has also made significant strides in terms of market visibility and trading liquidity. Bitmine ranks as the 47th most traded stock in the U.S., with an average daily trading volume of $980 million. This liquidity, combined with a strong institutional investor base-including ARK's Cathie Wood, Founders Fund, and Galaxy Digital-has positioned Bitmine as a key player in the crypto equity space according to financial reports. The firm's shares have surged by roughly 606% since June, reflecting growing investor confidence in its Ethereum-focused strategy as reported in crypto news.

Bitmine's strategic focus on Ethereum is not without risks. The company is navigating a volatile crypto market, where year-end selling and regulatory uncertainty have weighed on prices. However, with its expansive balance sheet, active staking plans, and aggressive accumulation strategy, Bitmine continues to position itself as a major institutional force in the Ethereum ecosystem. As it moves toward full deployment of its staking infrastructure in early 2026, the company's next steps will be closely watched by investors and analysts alike according to market analysis.