Official data showed that as of Oct. 18, 2026, Bitmine had staked 5,067,309 ETH, valued at roughly $12 billion based on an ETH price of $2,365. Tom Lee said that under a scaled scenario in which all of Bitmine’s ETH is staked through MAVAN and its staking partners, annualized ETH staking rewards could reach $369 million, using a 2.58% 7-day BMNR yield. Based on the current staking level of about 5.1 million ETH, which accounts for 84% of Bitmine’s 6.04 million ETH holdings, the projected annualized staking income stands at $309 million. The figures were cited by BlockBeats on Oct. 19, referencing official data through Oct. 18.
BlockBeats reported on Oct. 19, citing official data, that Bitmine had staked a total of 5,067,309 ETH as of Oct. 18, 2026. Based on an ETH price of $2,365, the staked holdings were valued at about $12 billion.
Tom Lee said that in a scaled scenario — assuming all of Bitmine’s ETH is staked by MAVAN and its staking partners — annualized ETH staking rewards are estimated at $369 million, using a 2.58% 7-day BMNR yield.
Using the current staking base of about 5.1 million ETH, which represents 84% of Bitmine’s 6.04 million ETH holdings, the annualized staking income is estimated at $309 million.
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