Bitmine Expands Ethereum Staking Operations
Bitmine Immersion Technologies has solidified its position as a leading Ethereum holder as the company’s staking operations continue to expand. As of February 1, 2026, Bitmine holds a staggering 4,285,125 ETH, representing 3.55% of the total Ethereum supply. In just the last week, the company acquired an additional 41,788 ETH, bringing its Ethereum exposure to record levels.
Staking Growth and Projected Rewards
With 67% of its Ethereum holdings actively staked, Bitmine has firmly established Ethereum as its core asset class. The company currently has 2,897,459 ETH staked—a strategy projected to yield $374 million annually at a Composite Ethereum Staking Rate (CESR) of 2.81%. Annual rewards now average over $1 million daily.
The company’s staked ETH positions have increased by 888,192 ETH in the past week alone, and this growth shows no signs of slowing. Despite market fluctuations, Bitmine’s Executive Chairman Thomas Lee affirmed, “Ethereum’s fundamentals are solid, but the price does not reflect current network activity.”
MAVAN: A Game-Changer for Ethereum Staking
Bitmine is currently developing its revolutionary in-house staking platform, the Made in America Validator Network (MAVAN). This infrastructure aims to provide secure and efficient Ethereum staking support to institutional and retail investors alike. The MAVAN system is slated for launch by early 2026 and is expected to enhance staking scalability for users globally. During the build phase, Bitmine is leveraging the expertise of three external staking providers to support its operations.
Bitmine’s Broader Portfolio
Beyond Ethereum, Bitmine is diversifying its portfolio. The company owns 193 BTC, valued at approximately $5.1 million, and holds $586 million in cash reserves. Investments in Beast Industries and Eightco Holdings further bolster its asset holdings, with total assets across crypto, cash, and equity investments now amounting to an impressive $10.7 billion.
How to Capitalize on Ethereum Staking
If you’re inspired by Bitmine’s strategic focus on Ethereum staking, consider participating in staking services through platforms like Kraken. With competitive rates and user-friendly interfaces, platforms like these make staking accessible even for beginners.
Global Leadership in Crypto Assets
Bitmine maintains the largest Ethereum treasury globally, surpassing all other ETH holders in the market. The company ranks second overall among crypto treasuries, following Strategy Inc., which holds over 712,000 BTC. This dominance underscores Bitmine’s long-term commitment to Ethereum as a cornerstone of decentralized technology.
Are you ready to explore the potential of staking and the future of crypto? Stay informed with us, and make smarter investments in the blockchain ecosystem.
