Bitmine first staked 74,880 ETH; if it stakes all assets, annual interest could reach $371 million

2025-12-27 by admin

ChainCatcher reports, according to on-chain analyst Yu Jin’s monitoring, Ethereum treasury company Bitmine has staked its held ETH to earn interest: 50 minutes ago, it deposited 74,880 ETH (worth $219 million) into Ethereum PoS staking. This is Bitmine’s first staking operation, and it currently holds 4.066 million ETH, with an APY of about 3.12% at present.

If all of it were staked, it could earn approximately 126,800 ETH in interest per year, valued at $371 million at the current price of $2,927.

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .