Crypto

BitMine Continues ETH Accumulation with Another $330M Staking Revenue

Guavy AI Editorial Team Published September 9, 2026

Instruments

ETH

BitMine Immersion Technologies continued its streak of accumulating Ethereum (ETH), purchasing an additional 28,086 ETH this week. This brings their total holdings to 5.929 million ETH, valued at approximately $14.78 billion.

The company has staked most of its Ethereum through the Made in America Validator Network (MAVAN), with about 85% of its holdings committed to staking. BitMine estimates this position produces around $330 million in annualized staking revenue.

BitMine's strategy combines direct exposure to ETH's price with staking income, differentiating it from other treasury companies that hold cryptocurrencies without deploying them productively.

BitMine Continues ETH Accumulation with Another $330M Staking Revenue

Coinbase Builds 'AI Bank' to Empower Autonomous Transactions

Ethereum Faces Crossroads at $2,500: Will It Break Through or Plunge to $2,000?

AGCX Launches UAE's First Regulated Crypto Exchange with Zero Fees