NYSE-listed BitMine Immersion Technologies has staked more than 4.9 million Ether, accounting for over 85% of its total ETH holdings, according to the report cited by Techub. The company said its annualized staking revenue is projected to range from $235 million to $284 million. BitMine currently holds about 5.77 million ETH, equal to nearly 5% of Ethereum’s total supply, with the position valued at roughly $11.1 billion. That makes it the world’s largest corporate Ethereum treasury at present based on the figures provided. BitMine was co-founded by Fundstrat co-founder Tom Lee and previously operated as a Bitcoin mining company before shifting its focus in late June 2025 to Ethereum accumulation and staking. The company conducts staking operations through its proprietary validator network, MAVAN, and has entered into a 10-year partnership with Ethereum Tower. Its investors include ARK Invest, Founders Fund, and Pantera. In the fiscal quarter ended May 31, 2026, BitMine posted $46.5 million in total revenue, of which $45.7 million, or 98%, came from Ethereum staking revenue.
BitMine Immersion Technologies, a company listed on the New York Stock Exchange, has staked more than 4.9 million ETH, or over 85% of its total Ethereum holdings, according to the report cited by Techub.
The company said annualized staking revenue is expected to reach between $235 million and $284 million.
BitMine currently holds about 5.77 million ETH, representing nearly 5% of Ethereum’s total supply. The position is valued at about $11.1 billion, making BitMine the largest corporate Ethereum treasury in the world based on the disclosed figures.
BitMine was co-founded by Fundstrat co-founder Tom Lee. The company previously operated as a Bitcoin miner and shifted its focus at the end of June 2025 to Ethereum accumulation and staking.
It carries out large-scale staking through its proprietary validator network, MAVAN, and has signed a 10-year partnership with Ethereum Tower. Investors in the company include ARK Invest, Founders Fund, and Pantera.
For the fiscal quarter ended May 31, 2026, BitMine reported total revenue of $46.5 million. Ethereum staking revenue contributed $45.7 million, accounting for 98% of the total.
The original report was attributed to CryptoBriefing and was republished by Techub.
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