PANews reported on January 27th that, according to Cointelegraph analysis, publicly listed company Bitmin currently holds over 4.2 million ETH, representing approximatelyPANews reported on January 27th that, according to Cointelegraph analysis, publicly listed company Bitmin currently holds over 4.2 million ETH, representing approximately
Bitmine's current staked Ethereum assets are expected to generate $164 million in annualized staking yield.
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PANews reported on January 27th that, according to Cointelegraph analysis, publicly listed company Bitmin currently holds over 4.2 million ETH, representing approximately 3.5% of the circulating supply, with over 2 million of them already staked. Based on the company's estimated overall Ethereum staking ratio of 2.81%, this staked portion could generate approximately $164 million in annualized staking yield.
Tom Lee, chairman of the company, stated that if all of its ETH were staked, the annual return could reach approximately $374 million based on the current staking rate. Bitmine is currently partnering with several staking service providers and plans to launch its own validator infrastructure in 2026 to internalize staking operations.
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