BitMine, a cryptocurrency mining and asset management company, has just deployed 154,176 ETH into Staking, with an estimated total value of approximately $451 million, marking a strategic move to generate long-term returns and increase its influence within the Ethereum ecosystem.
According to the announcement, this amount of ETH is being Chia in two phases. With the current Staking yield of approximately 3.12% per year, BitMine could earn nearly $371 million annually if it continues to expand its Staking operations according to its current ETH holding plan.
Holding over 4 million ETH, despite unrealized losses.
BitMine currently holds over 4 million ETH, equivalent to approximately 3.4–4.1% of Ethereum's circulating supply. Despite this portfolio recording around $3.5 billion in unrealized losses, the company remains committed to its strategy of shifting ETH treasury from a "static" state to generating active cash flow through Staking.
This move shows that BitMine is prioritizing long-term value and network influence, rather than focusing on short-term price volatility.
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Preparing to launch a "Made-in-America" validator network.
Looking ahead, BitMine announced it will launch the Made-in-America Validator Network (MAVAN) in Q1 2026. This project is expected to collaborate with institutional Staking service providers to build a validator infrastructure that complies with enterprise standards and enhances network reliability.
With the expansion of Staking and the development of its validator infrastructure, BitMine aims to approach the milestone of holding 5% of the total ETH supply, thereby increasing its yields, voting power, and influence within the Ethereum ecosystem.
