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BitMine Lifts Staked Ether to 461,504 With Fresh 118,944-ETH Deposit

On-chain data shows the company shifting from accumulation to validator income through MAVAN.

Overview

  • On Dec. 31, on-chain trackers reported BitMine staked 118,944 ETH, bringing its total staked to 461,504 ETH worth about $1.37 billion at recent prices.
  • The company holds roughly 4.11 million ETH, or about 3.4% of circulating supply, after recently adding approximately 44,463 ETH.
  • BitMine plans to launch its U.S.-based Made in America Validator Network in early 2026 and projects about $374 million in annual staking revenue at full deployment.
  • The firm reports $13.2 billion in total assets anchored by its Ether treasury, with estimates pointing to sizable unrealized losses from higher average entry prices.
  • Management is targeting control of 5% of ETH supply and has a Jan. 15, 2026 shareholder meeting scheduled to advance governance tied to the plan.