News
  • Rizwan Ansari
    author-profile
    Rizwan Ansari right arrow
    Author

    Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption. During this period, he’s authored more than 3,000 news articles for Coinpedia News.

    • Reviewed by: Sohrab Khawas
      author profile
      Sohrab Khawas right arrow
      Reviewed

      Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

      • author twitter
      • author linkedin
    • 2 minutes read

    Ethereum Treasury Giant BitMNR Stakes $219M in ETH

    Story Highlights
    • Bitmine staked $219 million worth of Ethereum, marking its first move into ETH staking.

    • The company deposited 74,880 ETH, shifting strategy from holding assets to earning network yield.

    • Bitmine holds 4.066 million ETH, about 3.37% of supply, giving it major influence globally.

    The world’s largest Ethereum treasury firm, BitMNR, has officially entered Ethereum staking for the first time, marking a major shift in how large ETH holders manage their assets. 

    On-chain data shows the firm deposited around 74,880 ETH into Ethereum’s proof-of-stake system, worth nearly $219 million.

    Bitmine Stakes $219 Million in Ethereum

    According to on-chain data shared by Arkham Intelligence, BitMNR deposited around 74,880 ETH into Ethereum’s proof-of-stake system, roughly valued at nearly $219 million, making it one of the most notable staking moves by a corporate treasury in recent times.

    This is the first time Bitmine has staked any of its Ethereum holdings. Until now, the company had kept its ETH untouched, even though it holds one of the biggest Ethereum treasuries in the market.

    Bitmine staked $219 million worth of Ethereum

    Instead of relying only on long-term price growth, the company is now aiming to earn steady income directly from the Ethereum network. By staking its ETH, Bitmine helps secure the blockchain while earning regular rewards in return.

    How Much ETH Does BitMNR Hold?

    On-chain data shows Bitmine holds about 4.066 million ETH, valued at $11.9 billion. This represents roughly 3.37% of Ethereum’s total supply, making Bitmine one of the largest ETH holders globally.

    With Ethereum’s current staking yield around 3.12% per year, the potential returns are significant. If Bitmine were to stake all of its ETH, it could earn close to 126,800 ETH annually. As of today’s price of around $2,927, that would be worth roughly $371 million.

    Commenting on the move, Thomas Tom Lee, Chairman of Bitmine, said the company is moving quickly toward its 5% return goal and is already seeing clear benefits from its large Ethereum holdings.

    Ethereum Price Outlook

    Ethereum’s price has been moving in a tight range between $2,900 and $3,000, as low year-end trading activity keeps the market quiet. Recently, Thomas Tom Lee has remained optimistic, saying asset tokenization could push ETH to $7,000–$9,000 range by early 2026.

    As of now, Ethereum is trading near $2,928, down about 1% in the last 24 hours, with its market value standing around $354 billion.

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    FAQs

    Why did BitMNR start staking its Ethereum now?

    BitMNR began staking to earn ongoing yield from its ETH while supporting network security, rather than relying only on long-term price gains.

    How much Ethereum did BitMNR stake and why is it important?

    BitMNR staked about 74,880 ETH worth $219 million, marking one of the largest first-time staking moves by a corporate ETH holder.

    How much Ethereum does BitMNR own in total?

    BitMNR holds roughly 4.06 million ETH, about 3.37% of total supply, making it one of the largest Ethereum treasury holders worldwide.

    How much can BitMNR earn from Ethereum staking?

    At current yields near 3.1%, staking all its ETH could generate over 126,000 ETH per year in rewards.

    Does BitMNR’s staking affect Ethereum’s price?

    Large staking reduces liquid supply and signals long-term confidence, which can support prices but doesn’t guarantee short-term gains.

    Trust with CoinPedia:

    CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

    Investment Disclaimer:

    All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

    Sponsored and Advertisements:

    Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

    Show More

    Related Articles

    Back to top button