Bitmine Begins Staking Ethereum Worth Nearly $219 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 28 2025- Staking Initiative: Bitmine has staked nearly $219 million worth of Ethereum (74,880 ETH) into Ethereum's proof-of-stake system, marking its first attempt to earn staking rewards, indicating a proactive shift in the company's asset management strategy.
- Asset Scale: Bitmine's Ethereum treasury has surpassed 4 million tokens for the first time, currently holding 4.066 million ETH, having recently purchased nearly 100,000 ETH at an average price of $2,991, highlighting its significant position in the Ethereum market.
- Earnings Potential: If Bitmine stakes all its Ethereum, it could earn approximately 126,800 ETH annually, translating to hundreds of millions of dollars in additional revenue at current prices, further solidifying its status as a major Ethereum holder.
- Strategic Shift: Although Bitmine initially planned to start staking in Q1 2026, this early move suggests an acceleration in its asset management strategy, potentially positioning it as one of the largest corporate contributors to Ethereum's validator network.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
