BitMine's Total Staked ETH Surpasses 1 Million, Total Value Approximately $3.36 Billion

Odaily News: Cryptocurrency financial firm BitMine (BMNR) acquired an additional 86,400 ETH through four transactions last Saturday, valued at approximately $268.7 million. This acquisition brings BitMine's total staked ETH to 1,080,512. Market analyst Nic Puckrin stated that BitMine's current total staked ETH is valued at around $3.36 billion. Based on a 2.81% annualized yield, this could generate approximately $94.4 million in annual revenue. Additionally, BitMine Chairman Tom Lee suggested in early January that shareholders vote to increase the authorized share limit from 50 million to 50 billion shares in preparation for a potential future stock split. BitMine's current stock price is approximately $30.06, down over 80% from its July 2025 high.