**Bitmine Announces Chairman’s Update Ahead of Major Shareholder Meeting**

Bitmine has released a special message from Chairman Thomas “Tom” Lee ahead of its Annual Stockholder Meeting, which is scheduled for January 15, 2026, at the Wynn Las Vegas. The company continues to make major moves in the crypto space, with a particular focus on Ethereum (ETH) accumulation and staking.

**Big Backers and Bold Goals**

Bitmine is backed by some of the most influential names in finance and crypto. Institutional investors include Cathie Wood’s ARK Invest, Founders Fund, Bill Miller III, Pantera, Kraken, Digital Currency Group (DCG), Galaxy Digital, MOZAYYX, and well-known crypto analyst Tom Lee.

The company’s main mission is ambitious: to acquire 5% of all Ethereum in circulation. According to Tom Lee, several trends are creating a strong outlook for Ethereum in 2026. These include:

– Growing support from the U.S. government for digital assets
– Wall Street embracing tokenization and stablecoins
– The increasing need for digital authenticity as AI becomes more complex
– Rising crypto adoption among younger generations

In addition, the recent surge in commodity and precious metal prices in 2025 is seen as a positive sign for crypto prices heading into 2026.

**Massive Ethereum Holdings and Staking Strategy**

As of January 4, 2026, Bitmine holds a total of 4.11 million ETH. Of that, 659,219 ETH is currently staked—an increase of over 250,000 ETH in just one week. At the current ETH price of $3,196, that’s more than $2.1 billion in staked assets.

The company’s staking yield, based on the industry benchmark CESR (Composite Ethereum Staking Rate), sits at 2.81%. This equates to about $374 million in annual staking revenue—or over $1 million per day once all ETH holdings are staked.

Bitmine is working with three staking providers as it prepares to launch its own validator network—called MAVAN (Made in America Validator Network)—in early 2026. MAVAN will serve as a secure and scalable staking solution based in the U.S.

**Largest Ethereum Treasury in the World**

Bitmine currently holds the largest Ethereum treasury globally and ranks second among all crypto treasuries, just behind Strategy Inc. (MSTR), which owns 672,497 BTC valued at $61 billion. Bitmine leads as the top ETH holder worldwide.

The company is also becoming a major force in the U.S. stock market. As of early January 2026, Bitmine’s stock trades with an average daily volume of $980 million, placing it among the top 50 most-traded stocks in the country—just behind IBM and ahead of Home Depot.

**Why Stockholders Should Vote on Share Increase**

Bitmine is asking shareholders to vote in favor of increasing the number of authorized shares at the upcoming meeting. According to Tom Lee, this move is essential for:

– Raising new capital when needed
– Preparing for potential stock splits if ETH prices hit long-term targets
– Giving Bitmine flexibility for possible future acquisitions

The company remains focused on creating long-term value for shareholders through strategic ETH accumulation, generating income from staking, and making smart investments with its balance sheet.

**Looking Ahead: Bitmine’s Vision**

Bitmine’s strategy centers on building a strong Ethereum treasury and developing new infrastructure like MAVAN to support blockchain security and decentralization. With strong investor backing and a clear plan for growth, Bitmine is positioning itself as a leader in the evolving crypto economy.

The Annual Meeting will be streamed live on Bitmine’s official X (formerly Twitter) account: https://x.com/bitmnr

For more information on the Fiscal Year 2025 earnings and corporate strategy updates, visit: https://bitminetech.io/investor-relations/

To read the full Chairman’s message: https://www.bitminetech.io/chairmans-message

**Important Note About Future Projections**

This update includes forward-looking statements about Bitmine’s goals and expectations. These projections involve risks and uncertainties that could lead to different outcomes than expected. Investors are encouraged to review all relevant filings with the SEC at www.sec.gov for a full understanding of potential risks.