{
  "id": 7348546,
  "title": "Bitmine projects $334M in annual staking revenue from $15.8B crypto treasury",
  "url": "https://urgent.news/2026/09/14/bitmine-projects-334m-in-annual-staking-revenue-from-15-8b-crypto",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T15:55:59.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/bitmine-5-million-eth-staked-334-million-revenue"
  },
  "original_language": "en",
  "account": "Bitmine Immersion Technologies has projected annual staking revenue of $334 million from its substantial Ether holdings, which now total over 5.95 million ETH. This accounts for approximately 4.9% of Ether's circulating supply. The company acquired an additional 27,180 ETH last week, bolstering its Ethereum treasury and solidifying its position as a prominent player in the staking sector. As of now, more than 5.06 million ETH is staked, generating an estimated $334 million in annualized staking revenue. With nearly 85% of its Ether holdings now locked in staking, Bitmine is transforming its crypto treasury into a dependable source of recurring income. This approach distinguishes Bitmine from Bitcoin-focused companies whose primary holdings don't produce native staking yield. In comparison, the Grayscale Ethereum Staking ETF holds 84.6% of its Ether assets in staking. Bitmine's stock showed minimal movement on Monday, trading near $25, although it has increased by nearly 38% over the past month despite a year-to-date decline.",
  "summary": "Bitmine now has more than 5 million ETH staked, turning most of its Ether holdings into a recurring income stream as it continues to accumulate.",
  "key_points": [
    "Bitmine projects $334M annual staking revenue from $15.8B crypto treasury",
    "Acquired 27,180 ETH last week, boosting Ethereum treasury",
    "85% of Ether holdings now locked in staking"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}