BitMine Lifts Staked Ether to 1.08 Million With Fresh 86,400 ETH Deposit
The company is pivoting to a treasury-style strategy that locks tokens for yield via its in‑house validator rollout.
Overview
- BitMine added 86,400 ETH worth about $266 million through Ethereum’s BatchDeposit contract, continuing a rapid series of large stakes.
- The staked total now stands at 1,080,512 ETH valued near $3.3 billion, with recent reports citing network yields around 2.8–3% and annual returns of roughly $92–95 million.
- Published tallies of BitMine’s overall ETH holdings diverge, with CoinCentral citing 4.14 million ETH and Coindoo reporting about 2.74 million ETH.
- Coverage notes differing network conditions: CoinCentral reports validator activation waits of more than 31 days, while Blockonomi highlights a drop in the unstaking queue to zero.
- BitMine is preparing its Made‑in‑America Validator Network for an early‑2026 launch after trials with institutional providers, reinforcing its long‑duration staking posture.