TREE NEWS update: Bitmine now has more than 5 million ETH staked, converting the majority of its Ether holdings into a recurring income stream, and projects $334 million in annual staking revenue from its $15.8 billion crypto treasury. The company said it continues to accumulate ETH alongside the staking position.
Bitmine Projects $334M Annual Staking Revenue From $15.8B Crypto Treasury
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AI take
This is a notable shift in how corporate crypto treasuries are framed: the story is no longer just balance-sheet size, but the yield a holder can generate from it. The scale of the staking position matters less as a headline number than as a signal that large holders are treating ETH as productive rather than passive inventory. The open questions are whether staking revenue holds up if network conditions or staking economics change, and whether continued accumulation alongside staking concentrates the company's exposure further.
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