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BitMine Tops 1.08 Million Staked ETH With New 86,400‑ETH Deposit

The move underscores a pivot to long‑term staking that on‑chain trackers link to rising entry queues across Ethereum.

Overview

  • BitMine executed the January 10 deposits through Ethereum’s BatchDeposit contract, with Lookonchain tracking the latest 86,400 ETH addition.
  • The company now has about 1,080,512 ETH staked worth roughly $3.3 billion, while total holdings stand near 4.1 million ETH.
  • At an estimated 2.81% annual yield, the staked position is projected to generate about $94.4 million in ETH rewards per year.
  • Network data show the staking entry queue at roughly 1.759 million ETH with waits of about 30 days, while multiple reports note the exit queue has fallen to zero.
  • BitMine is preparing its Made‑in‑America Validator Network for a Q1 2026 rollout after trials with institutional providers to support in‑house staking operations.