BitMine Lifts Staked Ethereum Above 827,000 ETH as Holdings Surpass $2.6 Billion

On 8 January 2026, BitMine Immersion Technologies disclosed that it had accumulated more than 72,000 ETH in early-January purchases totaling about $227 million. These moves raised its staked Ethereum position to over 827,000 ETH, valued near $2.62 billion, as the company prepares to launch its Made in America Validator Network. BitMine now controls roughly 4.14 million ETH, around 3.4% of the asset’s supply, while its share price trades amid volatility tied to a proposal to boost authorized stock to 50 billion shares.