Ethereum digital asset treasury (DAT) BitMine has recently staked an additional 186,560 Ether, increasing its total staked Ether to 1,530,784 ETH, with a value exceeding $5 billion.

According to a report by Lookonchain, this enormous sum constitutes 4% of the entire 36 million ETH staked on the Beacon Chain.

With this influx, BitMine’s holdings of Ethereum now exceed 4 million tokens, of which 37% have been staked. This event comes shortly after they achieved the significant milestone of having over 1 million ETH staked.

On Monday, a report indicated that the company held 4,167,768 ETH, along with 192 Bitcoin, and nearly one billion dollars in cash, in addition to a $23 million investment in Eightco Holdings.

Additionally, Ethereum’s staking validator entry queue has surged to 2.3 million ETH, reaching its peak since August 2023.

BitMine Stocks Surge After Hours

In a noteworthy development, BitMine’s stock experienced a 3.8% increase during after-hours trading, hitting $32.35 according to Google Finance. The upward trend follows an overall increase of 11.5% for the year, reflecting a broader surge in the cryptocurrency market.

Tom Lee, the Chairman of BitMine, expresses optimism about the future of Ethereum and the entire crypto sector, projecting recovery in 2026.

“We continue to view the leverage reset post October 10th, 2025, as akin to the ‘mini crypto winter.’ 2026 is the year crypto prices recover and with stronger gains in 2027-2028,” said Lee on Monday.

Ethereum Price Reports Significant Surges

Recently, Ether recorded a notable daily increase of 7%, achieving its highest price of $3,375 since December 10, and is trading at pivotal levels that require a resistance break above $3,400 for continued upward momentum.