Bitmine stakes $4bn Ethereum. Why Tom Lee forecasts price jump in 2026 – DL News
- Bitmine stakes nearly one-third of its $13 billion Ethereum stash.
- Tom Lee says ‘mini crypto winter’ is over and forecasts price recovery.
- Lee urges shareholders to vote for his stock split proposal before January 15.
Bitmine is staking almost $4 billion worth of Ethereum, or nearly one-third of its $13 billion in total holdings.
Chair Tom Lee said on Monday that the digital asset treasury firm “will be the largest staking provider in the entire crypto ecosystem” and projects annualised revenue at $374 million, or over $1 million daily.
Backed by top institutional investors including Peter Thiel’s Founders Fund and Cathie Wood’s ARK Invest, Bitmine is the largest Ethereum treasury in the world.
It “has staked more Ethereum…
