Altcoins News
By Dan Saada
1 / 15
Why Staking Changes the Treasury Math. Alvin Kan, COO of Bitget Wallet, put it plainly: Ether staking is a yield-bearing asset, and that…
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SharpLink's Losses Show the Other Side. Not every Ether treasury company is in Bitmine's position.
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Ether as a Corporate Asset Class. What Bitmine is doing isn't just a company-specific story.
4 / 15
Bitmine Immersion Technologies is pulling in $257 million a year from staking. Not from trading. Not from mining. Just from sitting on Ether and letting the network pay them.
5 / 15
The company said Monday it holds 5.54 million ETH, currently valued at around $9.4 billion, making it the largest corporate Ether holder on record.
6 / 15
Ether fell roughly 23% during the second quarter of 2026. Bitmine kept collecting.
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Alvin Kan, COO of Bitget Wallet, put it plainly: Ether staking is a yield-bearing asset, and that separates it from Bitcoin in a fundamental way.
8 / 15
That's not a small distinction. When prices drop 23% in a quarter, a company holding only Bitcoin watches its balance sheet shrink with no offsetting income.
9 / 15
The current staking rate sits at 2.61% APR. Across the Ethereum network, 897,064 validators are active, and over 34% of the total Ether supply is now staked.
10 / 15
Not every Ether treasury company is in Bitmine's position. SharpLink holds 863,000 ETH, valued at $1.46 billion — a meaningful position, but far smaller than Bitmine's.
11 / 15
More context: Fidelity Ethereum Fund Adds Staking With 85% Reward Split for FETH Holders
12 / 15
The contrast is stark. Bitmine's scale gives it staking income large enough to actually matter operationally.
13 / 15
A contributor to Seeking Alpha flagged exactly this dynamic — that Bitmine's staking revenue acts as a safeguard against spot price swings, keeping cash flow steady while market…
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What Bitmine is doing isn't just a company-specific story. It's probably a preview of how more corporate treasuries think about Ether going forward.
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Staking adoption across corporate and institutional holders has grown sharply as Ethereum's proof-of-stake model has matured.
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