{"id":65447,"date":"2025-12-28T16:01:31","date_gmt":"2025-12-28T16:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=65447"},"modified":"2025-12-28T16:01:31","modified_gmt":"2025-12-28T16:01:31","slug":"bitmine-enters-ethereum-staking-with-451-million-eth-deposit","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=65447","title":{"rendered":"BitMine Enters Ethereum Staking With $451 Million ETH Deposit"},"content":{"rendered":"
\n

Ethereum treasury firm Bitmine has started staking its Ether tokens, depositing roughly $451 million worth of ETH into Ethereum\u2019s proof-of-stake (PoS) system on Saturday, December 27. This appears to be a fresh strategy from the digital asset treasury (DAT) firm, which has managed to stay relevant in a nascent, uncertain sector of the cryptocurrency industry.<\/p>\n

How Much Would BitMine Make From Ethereum Staking?<\/strong><\/h2>\n

In the early hours of Saturday, December 27, on-chain analyst EmberCN revealed<\/a> that BitMine has finally started attempting to stake its Ether holdings to earn interest income. The largest Ethereum treasury firm deposited 74,880 ETH (equivalent to $219 million) into an Ethereum PoS contract.<\/p>\n

In a later, separate transaction, BitMine went on to deposit 79,296 ETH (worth about $232 million) into Ethereum PoS staking. This brings the firm\u2019s total stake in the ETH network to 154,176 ETH (roughly $451 million) in the past day and so far.<\/p>\n

\"Ethereum\"<\/p>\n

EmberCN added in the post on X:<\/p>\n

\n

They [BitMine] now hold 4.066 million ETH, with an approximate APY of 3.12%. If all of it were staked, they could earn about 126,800 ETH in interest over a year, which at the current price of $2,927 would be worth $371 million.<\/p>\n<\/blockquote>\n

Earlier in November, Bitmine had disclosed<\/a> its plans to start Ether staking in 2026\u2019s first quarter through a dedicated in-house setup called the Made-in America Validator Network (MAVAN). At the time, the Ethereum treasury firm stated it had selected three institutional staking providers for a pilot program, using a small portion of its ETH to test performance, security, and operational quality before scaling.<\/p>\n

Meanwhile, the treasury firm has not stopped accumulating Ether tokens despite the not-so-optimistic signs in the crypto market. The recent buying spree<\/a> took BitMine\u2019s Ethereum holdings to a whopping 4.066 million ETH.<\/p>\n

As it appears, staking presents an opportunity for the largest corporate ETH holder to earn passive income from its Ethereum holdings, especially as the general market continues to underperform. With crypto prices in a downward trend, shares of most DATs have not been able to enjoy the required tailwind to soar to new heights.<\/p>\n

BMNR 2025 Price Recap\u00a0<\/strong><\/h2>\n

As of this writing, the BitMine stock (ticker: BMNR) is valued at around $28.31 per share, closing with an almost 4% decline on the last trading day. A broader look at the stock shows that the past few months have been rough for the digital asset treasuries sector.<\/p>\n

According to data from TradingView, BMNR\u2019s value has dropped by nearly 43% in the past three months. However, its is worth noting that the stock has grown by almost 2.5x in the past year.<\/p>\n

\"Ethereum\"<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ethereum treasury firm Bitmine has started staking its Ether tokens, depositing roughly $451 million worth of ETH into Ethereum\u2019s proof-of-stake (PoS) system on Saturday, December 27. This appears to be a fresh strategy from the digital asset treasury (DAT) firm, which has managed to stay relevant in a nascent, uncertain sector of the cryptocurrency industry. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-65447","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/65447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65447"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/65447\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}