The Ethereum treasury company BitMine continues to increase its staking strategy, recently re-staking 171,264 ETH (approximately $503 million), bringing the total staked amount to 1,943,200 ETH, with a total value of about $5.73 billion, firmly establishing itself as the world's largest Ethereum staking entity. (Background: The Ethereum staking market is booming! 1.66 million ETH are queued to enter, and the exit queue is almost empty. Is a surge in ETH imminent?) (Background information: BitMine has increased its position by 44,463 ETH! It has now staked 400,000 ETH and plans to launch MAVAN next year to expand its staking scale) According to on-chain data analysis platform OnchainLens, Nasdaq-listed Ethereum treasury company BitMine (stock code: BMNR) has once again made a significant move to increase ETH staking, further consolidating its dominant position in the Ethereum ecosystem. BitMine's staking scale continues to expand. Data shows that BitMine has newly staked 171,264 ETH, valued at approximately $503.24 million. Adding the previous staking positions, BitMine has cumulatively staked 1,943,200 ETH, with a total value of about $5.73 billion, securing its position as the world's largest Ethereum staking entity. BitMine currently holds over 4.2 million ETH, accounting for approximately 3.48% of the total Ethereum supply. Under the leadership of Chairman Tom Lee, the company is actively transferring its ETH into staking to obtain stable staking yields. Bitmine (@BitMNR) has further staked 171,264 $ETH, worth $503.24M In total, they have staked 1,943,200 $ETH, valued at $5.73B https://t.co/1vbYSuHbap https://t.co/xuBsGAB9Wd pic.twitter.com/mYxg4jrfcG — Onchain Lens (@OnchainLens) January 22, 2026 MAVAN Validator Network is about to launch. BitMine plans to launch the 'Made in America Validator Network' (MAVAN) in the first quarter of 2026, a high-security staking infrastructure designed for institutional-grade users. Tom Lee stated that once the ETH held by the company is fully staked through MAVAN and partners, with the current comprehensive Ethereum staking rate (CESR) of 2.81%, the annual staking yield is expected to reach $374 million, equivalent to daily earnings of over $1 million. The amount of ETH already staked by BitMine exceeds that of any other entity globally. After full staking, the annual staking fees could reach $374 million, with average daily earnings exceeding $1 million. Institutional funds are flooding into the ETH staking market. BitMine's large-scale staking action coincides with a structural change in the Ethereum staking market. According to the latest data, approximately $8 billion worth of ETH is currently queued to enter the staking network, while the exit queue is nearly empty. This phenomenon of 'full entry, empty exit' is viewed by the market as a strong bullish signal. Analysts point out that a large amount of ETH locked in staking contracts will effectively reduce circulating supply and lower potential selling pressure. Coupled with the compliance approval of staking ETFs in 2025, pension funds and insurance capital have begun to allocate ETH, eyeing its 3.5%-5% risk-free return, making ETH more attractive than U.S. Treasury bonds in the current interest rate reduction cycle. BitMine has received support from renowned institutional investors such as ARK Invest's Cathie Wood, Founders Fund, Pantera, and Galaxy Digital, aiming to ultimately hold 5% of the total Ethereum supply, replicating MicroStrategy's successful model in the Bitcoin space, but with an added advantage of staking cash flow. Related reports: BitMine increases its position by 102,000 ETH 'Total holdings close to 4 million ETH', Tom Lee: The crypto market has rebounded since the shocks in October. BitMine pours another $199 million into Ethereum! But smart money is shorting ETH. The Ethereum staking market sees a resurgence of net inflows! Entries far exceed exits, 2026 bull market overture? 'BitMine re-stakes 170,000 ETH! Cumulative locked-up amount nearly 2 million, total value reaching $5.73 billion' This article was first published on BlockTempo (Blockchain media with the most influence in the industry).