Tom Lee's BitMine pushes Ethereum into $8 billion staking backlog

Tom Lee's innovative company, BitMine, is significantly impacting the cryptocurrency landscape by contributing to an impressive backlog of $8 billion in Ethereum staking. This surge reflects the growing trend of investors and enthusiasts eager to participate in Ethereum's proof-of-stake system, where they can earn rewards for their contributions to the network. As BitMine continues to facilitate and enhance the staking process, it underscores the increasing interest and confidence in Ethereum's long-term potential, creating a pivotal moment in the evolution of decentralized finance. source: https://www.coindesk.com/tech/2026/01/16/tom-lee-s-bitmine-immersion-pushes-the-ethereum-staking-network-into-usd8-billion-backlog