Bitmine Surpasses $13B in Staked Ethereum Holdings
Bitmine's Ethereum holdings have reached an impressive 5.98 million tokens, accounting for approximately 4.9% of the total Ethereum supply. The company has been steadily increasing its ETH stake since June 30, 2025, with a recent purchase of 27,562 tokens bringing it to 98% of its goal to hold 5% of the supply within 15 months.
Bitmine's CEO, Tom Lee, claims that the company is now staking more ETH than any other entity, with approximately $13.6 billion worth of tokens at current prices. The staked amount covers about 85% of Bitmine's total Ethereum holdings.
The projected annualized staking revenue for Bitmine's ETH holdings stands at $357 million, while a full stake could generate an estimated $421 million in rewards per year, based on a 7-day annualized yield of 2.62%. This is the largest Ethereum treasury worldwide and ranks second among global treasuries behind Strategy.