Crypto finance company BitMine (BMNR) increased its staked ETH by 86,400 units in four transactions last Saturday, worth approximately $268.7 million. This brings BitMine's total staked ETH to 1,080,512 units. Market analyst Nic Puckrin stated that BitMine currently has approximately $3.36 billion worth of staked ETH, which, at an annualized yield of 2.81%, would generate approximately $94.4 million in annual returns. Furthermore, in early January, BitMine Chairman Tom Lee recommended that shareholders vote to increase the authorized share limit from 50 million shares to 50 billion shares in preparation for a future stock split. Currently, BitMine's stock price is around $30.06, down more than 80% from its July 2025 high.