Stakes Massive ETH Haul, Bitmine Immersion Heads Ahead: Eyes $374M Annual Yield

Aggressive Treasury Expansion and Recent Staking Surge

Bitmine Immersion Technologies (NYSE American: BMNR) has staked another large tranche of ETH, increasing its total stake to almost 408,627 tokens, thereby greatly supporting its Ethereum treasury. Recent reports emphasize fast additions, including over 342,560 ETH locked in a 48-hour span. This increases the company's total ETH holdings to 4.11 million tokens—around 3.41% of Ethereum's whole supply—valued at nearly $12.1 billion at present rates, around $2,948 per ETH, plus $1 billion in cash and other assets for a total treasury of $13.2 billion.

Strategic Staking and Infrastructural Development

While building its own Made in America Validator Network (MAVAN), due out in Q1 2026, the firm is furiously staking across several providers. Chairman Tom Lee highlighted Bitmine's role as a major net buyer of ETH, with recent inflows including 44,463 ETH in a single week and continuing accumulations via systems like FalconX. Staking all of Bitmine's holdings at the present 2.81% composite Ethereum staking rate could produce $374 million yearly incentives—more than $1 million per day—thus transforming Bitmine from a pure holder into a yield-generating infrastructure player.

Long-term aspiration and market positioning

This places Bitmine as the biggest known corporate holder of Ethereum in the world, therefore limiting the supply circulating under market pressures anticipated in late-2025. Highlighting the company's belief in Ethereum as a core reserve asset, improving network security while providing benefits even as ETH prices hover below recent highs, Lee has laid out a 5% of ETH supply ownership objective. Emphasizing long-term accumulation and yield over short-term volatility, the approach follows general corporate adoption patterns.