BitMine Immersion Technologies said it added 32,977 ETH over the past week. As of 9 p.m. ET on Jan. 4, 2026, the company reported total crypto and cash holdings of $14.2 billion, including 4,143,502 ETH, 192 BTC, $915 million in cash, and a $25 million investment in Eightco Holdings. Based on its own disclosure, BitMine remains the largest Ethereum treasury company by size.
Staked ETH jumped by more than 250,000 in one week
The company said its total staked ETH reached 659,219 ETH as of Jan. 4, 2026. Using a price of $3,196 per ETH, that stake was worth about $2.1 billion. The figure was up by 250,592 ETH from the prior week. Even so, the amount staked still represents only part of BitMine’s roughly 4.11 million ETH holdings.
BitMine said the CESR, or Composite Ethereum Staking Rate, managed by Quatrefoil was 2.81%. The company is working with three staking service providers and plans to launch its own commercial staking solution, MAVAN, in 2026. MAVAN stands for Made in America Validator Network.
Tom Lee outlined the income estimate
Chairman Tom Lee said that if all of the company’s ETH is eventually staked through MAVAN and its partners, annualized staking income could reach $374 million at a CESR of 2.81%. He said that would be equal to more than $1 million per day in cash inflow. The estimate was presented in the company’s announcement and depends on the assumption that the full ETH position is placed into staking.
Announcement also included Lee’s 2026 Ethereum view
In the same release, Lee said he sees several favorable factors for Ethereum in 2026, citing U.S. government support for the crypto industry, faster Wall Street adoption of stablecoins and tokenized assets, and stronger demand for identity verification and trusted data sources in the AI era. He also said BitMine kept buying ETH during a period of slower market trading activity and described the firm as the largest buyer of Ethereum using new capital.
BitMine also said it will hold its annual shareholder meeting on Jan. 15, 2026 at the Wynn hotel in Las Vegas. Shareholders are set to vote on director elections, an increase in authorized shares, and incentive plan proposals.