Bitmine Immersion Technologies is strengthening its position as the largest publicly traded Ether treasury, with its growing staking activity pointing to significant recurring revenue. The company recently increased its total Ether holdings to 4.24 million ETH, after adding more than 40,000 ETH in a single week. Of that amount, over 2 million ETH is now actively staked, representing nearly half of its total balance.
Based on the current 2.81% Composite Ethereum Staking Rate, Bitmine’s staked Ether could generate approximately $164 million in annual staking revenue at prevailing market prices. This estimate highlights how staking has evolved into a core income strategy for large-scale Ethereum holders.
Potential Upside if All Ether Is Staked
Company leadership has indicated that if the full Ether treasury were deployed into staking, annual revenue could rise to roughly $374 million, or more than $1 million per day. To support this expansion, Bitmine is working with multiple staking providers and plans to launch its own US-based validator infrastructure in 2026, allowing it to internalize operations and improve margins.
Ether Holdings Represent 3.5% of Circulating Supply
Bitmine’s Ether holdings now account for about 3.52% of the circulating ETH supply, based on an estimated 120.7 million ETH outstanding. The company has stated a long-term goal of acquiring 5% of total Ether supply, underscoring its conviction in Ethereum as a yield-generating treasury asset.
Bitmine’s approach reflects a broader shift among Ether-focused companies, as staking rewards increasingly drive treasury strategies across the digital asset sector.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.