Tom Lee’s BitMine Deepens Ethereum Bet With $352M ETH Staking Move

Tom Lee’s crypto firm, BitMine, has increased its confidence in Ethereum by staking a large amount of ETH, as Ethereum leads all blockchains in 2025 net capital inflows.

On-chain data shows the company recently staked 118,944 ETH, worth about $352 million at current prices. With this addition, BitMine’s total staked Ethereum now stands at around 461,504 ETH, valued at roughly $1.37 billion. This makes BitMine one of the most active corporate Ethereum stakers this year.

Blockchain tracking data also shows that FalconX sent about 32,938 ETH, worth nearly $98 million, to a new wallet believed to belong to BitMine. These funds add to earlier deposits made earlier in the month, when the firm staked more than 84,000 ETH in several transactions. On top of staking, BitMine also bought about $130 million worth of Ethereum this week, further increasing its long-term exposure.

BitMine’s actions suggest a clear focus on long-term growth rather than short-term trading. By staking Ethereum, the firm earns rewards while helping secure the network. This strategy shows strong belief in Ethereum’s future and reflects a wider trend among institutions that prefer steady returns instead of quick price speculation.

Ethereum Leads 2025 Inflows

Ethereum’s strong position in the market supports this move. In 2025, Ethereum recorded the highest net capital inflows among all blockchains, according to Artemis data. It has outperformed networks like Solana and Hyperliquid, many of which have seen weaker capital flows.

Institutional support, including corporate staking and products like BlackRock’s staked Ethereum ETF, has boosted investor confidence. This positive sentiment is also seen in Ethereum’s price. ETH is trading close to $3,000, with strong demand around the $2,970 level, showing that buyers remain active as the token approaches the key psychological resistance at $3,000.