Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
Faster global financial news!
Bitmine's staking revenue from Ethereum reached $45.7 million last quarter, accounting for 98% of its total revenue.
14/07/2026 21:35
Complaint Report
Complaint Report
Svmuu News: Bitmine Immersion Technologies’ latest 10-Q filing shows that,for the three months ended May 31, its staking and validation revenue from Ethereum totaled $45.7 million, accounting for 98% of total revenue—exceeding the $624,000 in revenue from self-mining Bitcoin and the $168,000 in revenue from consulting services.Bitmine said Monday that it has staked 85% of its ETH holdings, approximately 4.9 million ETH.Bitmine Chairman Tom Lee stated that the amount of ETH staked by Bitmine exceeds that of any other entity globally, and if all of its ETH is fully staked through MAVAN and staking partners, annualized ETH staking rewards are projected to reach $284 million. (Cointelegraph).
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
The decentralized derivatives trading platform 01 has launched a retroactive points redemption feature; it was previously acquired by N1 Chain.
-
2
Ethereum Spot ETFs saw total net outflows of $15.4092 million yesterday, with Fidelity’s FETH leading the way with net outflows of $15.4092 million.
-
3
Fed Spokesperson: Core CPI Is More Important to the Fed
-
4
Bitcoin Spot ETFs saw total net outflows of $425 million yesterday, with Grayscale BTC leading the way with net inflows of $53,376,200.
-
5
CZ posted a message celebrating the 9th anniversary of Binance and thanking the community for its support
-
6
A Detailed Explanation of Coin98 (C98) Token Supply and Circulating Supply
-
7
Analysis of the Value of ETHO: Etho Protocol’s Positioning, Use Cases, and Market Performance
-
8
Verification Report on “The ETH Chain Exchange Boom and HOOK Perpetual Contracts”
-
9
Foreign investors have net sold nearly $110 billion worth of South Korean stocks this year, putting increasing pressure on retail investors to step in and buy.
-
10
What Is CRV? An Analysis of Its Functions, Recent Market Performance, and Future Influencing Factors
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
Coming Soon!
