Tom Lee’s BitMine stakes 86% of ETH pile before Russell entry

cryptonews06-26 13:52

BitMine has staked another 160,480 ETH worth about $248.7m, according to on-chain tracker Lookonchain. Summary BitMine’s staked ETH now represents 86% of holdings after another large on-chain ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTom Lee’s BitMine stakes 86% of ETH pile before Russell entry\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-26 13:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/tom-lees-bitmine-stakes-86-of-eth-pile-before-russell-entry/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BitMine has staked another 160,480 ETH worth about $248.7m, according to on-chain tracker Lookonchain. \n\n\nSummary\n\n\n\nBitMine’s staked ETH now represents 86% of holdings after another large on-chain ...</p>\n\n<a href=\"https://crypto.news/tom-lees-bitmine-stakes-86-of-eth-pile-before-russell-entry/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4601","symbol_name":"加密货币现货ETF","start_time":0,"source_url":"https://crypto.news/tom-lees-bitmine-stakes-86-of-eth-pile-before-russell-entry/","article_id":"2646339619","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/tom-lees-bitmine-stakes-86-of-eth-pile-before-russell-entry/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2646339619","pubTimestamp":1782453120,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"BitMine has staked another 160,480 ETH worth about $248.7m, according to on-chain tracker Lookonchain.BitMine’s staked ETH now represents 86% of holdings after another large on-chain staking move.BMNR’s Russell 1000 entry could place its Ethereum treasury strategy before more institutional investors.Staking income has become central to BitMine’s model as it nears 5% ETH ownership.The move raised the company’s total staked ETH to about 4.88m tokens, or roughly 86% of its total Ethereum holdings.The latest staking move came days after BitMine released its June 22 holdings update. The company said it held 5,672,956 ETH, 205 BTC, $601m in cash and marketable securities, and stakes in Beast Industries and Eightco Holdings. It also reported no debt.As crypto.news reported, BitMine bought another $90m in ETH earlier this week, lifting its holdings to about 4.7% of Ethereum supply. The company has said it wants to reach the “alchemy of 5%” target during 2026.Previously, crypto.news explored wh","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4601":"加密货币现货ETF","SETH":"1倍做空以太币期货ETF-Proshares","BMNZ":"Defiance Daily Target 2X Short BMNR ETF","ETQ":"T-Rex 2X Inverse Ether Daily Target ETF","BMNR":"BitMine Immersion Technologies Inc.","ESK":"REX-Osprey ETH + Staking ETF","BK4023":"应用软件","ETHI":"Defiance Leveraged Long Income Ethereum ETF","BMNG":"2倍做多BMNR ETF-Leverage Shares","ETCO":"Grayscale Ethereum Covered Call ETF","TETH":"21Shares Ethereum ETF","YBMN":"Defiance BMNR Option Income ETF","BMNU":"2倍做多BMNR ETF-T-REX","ETH":"低成本以太坊ETF-Grayscale","BK4147":"半导体设备"},"translate_title":"在Russell进入之前，Tom Lee的BitMine持有ETH 86%的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TETH":0.6,"YBMN":0.6,"ETH":1.94,"SETH":0.6,"BMNU":0.6,"BMNZ":0.6,"ETHI":0.6,"BMNR":1.97,"ETQ":0.6,"ESK":0.6,"BMNG":0.6,"ETCO":0.6},"content_text":"BitMine has staked another 160,480 ETH worth about $248.7m, according to on-chain tracker Lookonchain. \n\n\nSummary\n\n\n\nBitMine’s staked ETH now represents 86% of holdings after another large on-chain staking move.\nBMNR’s Russell 1000 entry could place its Ethereum treasury strategy before more institutional investors.\nStaking income has become central to BitMine’s model as it nears 5% ETH ownership.\n\n\n\nThe move raised the company’s total staked ETH to about 4.88m tokens, or roughly 86% of its total Ethereum holdings.\n\nTom Lee(@fundstrat)'s #Bitmine just staked another 160,480 $ETH($248.7M).In total, #Bitmine has staked 4.88M $ETH($7.56B), 86% of its total holdings.https://t.co/f70iddoJZ2 pic.twitter.com/Uhn4zVrker— Lookonchain (@lookonchain) June 26, 2026\n\nThe latest staking move came days after BitMine released its June 22 holdings update. The company said it held 5,672,956 ETH, 205 BTC, $601m in cash and marketable securities, and stakes in Beast Industries and Eightco Holdings. It also reported no debt.\nRussell 1000 entry adds market attention\nBitMine said BMNR is set to join the Russell 1000 on June 26, when the latest index changes take effect after the market close. FTSE Russell’s 2026 U.S. index reconstitution also makes 2026 the first year of a return to semi-annual Russell rebalancing.\nThe index move matters because many passive funds and large managers track Russell benchmarks. That can increase trading activity around new additions. It does not guarantee long-term buying pressure, but it can place BMNR in front of a wider investor base.\nAs previously reported, BitMine’s Russell 1000 setup had already drawn attention because of the company’s large Ethereum balance sheet. The stock also carries crypto market risk because much of the company’s value depends on ETH prices.\nStaking income supports treasury model\nBitMine said its staked ETH stood at 4,718,677 tokens as of June 21 before Lookonchain’s latest update. The company reported annualized staking revenue of about $223m and said fully staked ETH could produce higher yearly rewards through its validator network and partners.\n\n“Over the past week, we acquired 52,203 ETH,” Chairman Tom Lee said in the company update.\n\nHe also said BitMine remains in what he called the early stages of “crypto spring.” Those comments show the company still sees ETH accumulation as its main strategy for 2026.\nAs crypto.news reported, BitMine bought another $90m in ETH earlier this week, lifting its holdings to about 4.7% of Ethereum supply. The company has said it wants to reach the “alchemy of 5%” target during 2026.\nEthereum concentration remains in focus\nBitMine’s scale has made it the largest public Ethereum treasury company. Its Arkham entity page has become a reference point for users tracking the company’s wallet activity and staking moves. That visibility brings attention to both its treasury growth and its exposure to ETH volatility.\nPreviously, crypto.news explored what could happen if treasury firms corner more ETH supply. The main debate is simple. Large treasury holders can reduce liquid supply, but they also create concentration risk if they borrow, issue stock, or sell into weak markets.\nIn a previous article, crypto.news discussed BitMine’s BMNP dividend plan, which linked preferred stock payments to the company’s Ethereum treasury and staking operations. That makes staking yield more than a side income stream. It now sits near the center of BitMine’s public-market structure.\nBMNR traded at $13.32 on June 25, while ETH traded near $1,550. The next test for BitMine is whether Russell 1000 inclusion can support equity demand while ETH remains volatile. Investors will also watch whether staking income can keep pace with the risks of holding one of the world’s largest Ethereum treasuries.\n\n\n\n\n\n                Read more:\n            \n\n                ZachXBT warns AscendEX may face liquidity issues as withdrawals stall","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2646339619","isCrawlerRequest":true}