Bitmine Stakes $4B as Tom Lee Forecasts Recovery
The post Bitmine Stakes $4B as Tom Lee Forecasts Recovery appeared on BitcoinEthereumNews.com.
Ethereum trades at $3,136 as Bitmine stakes $4 billion ETH, owning 3.45% of total supply with target of 5%. Tom Lee declares mini crypto winter over, projects $250,000 per ETH long-term as Standard Chartered forecasts $40,000 by 2030. Spot inflows hit $41.28M on January 13 as hourly chart shows triangle breakout attempt with RSI at 58.89. Ethereum price today trades near $3,136 following news that Bitmine is staking nearly $4 billion worth of ETH, representing one-third of its $13 billion total holdings. Chair Tom Lee declared the “mini crypto winter” over and projects annualized staking revenue at $374 million, while ETH tests triangle resistance on the hourly chart amid improving technical momentum. Bitmine Becomes Largest Ethereum Staking Provider Bitmine announced Monday it “will be the largest staking provider in the entire crypto ecosystem” with projected annualized revenue exceeding $1 million daily. The firm, backed by Peter Thiel’s Founders Fund and Cathie Wood’s ARK Invest, owns 3.45 percent of total ETH supply and targets 5 percent. Lee stated that Bitmine “has staked more Ethereum than any other entities in the world,” positioning the company as the dominant institutional player in ETH staking. The move comes as the firm purchased another $76 million worth of Ethereum in the second week of January, demonstrating continued conviction despite price trading 37 percent below August all-time highs. The staking announcement provides fundamental support as it locks substantial supply and generates yield for institutional holders. With Bitmine targeting 5 percent of total supply, the firm would need to acquire significantly more ETH at current levels, creating potential buying pressure. Lee Forecasts $250K Target As Institutions Enter Tom Lee has long been among the most bullish Ethereum analysts, charting a path to $250,000 per token representing a $30 trillion valuation. Lee argues that 2026 will see stablecoin…
Filed under: News - @ January 13, 2026 3:30 pm