Ethereum treasury company BitMine crosses 1 million staked ETH milestone

BitMine Immersion Technologies reaches 1 million ETH staked milestone

Crypto treasury company BitMine Immersion Technologies (BMNR) has crossed the 1 million ETH staked milestone, according to on-chain data. On Saturday, it staked an additional 86,400 ETH, pushing its total holdings past the 1 million ETH threshold, valued at approximately $268.7 million.

Significance in Ethereum ecosystem

BitMine has become one of the largest Ethereum staking participants, with over 4 million ETH in its corporate treasury. This achievement consolidates its dominant position within the Ethereum ecosystem and highlights growing institutional interest in Ethereum yield.

Recent developments and growth

• BitMine completed a three-week staking spree, accumulating over 1 million ETH as reported by on-chain data tracker @lookonchain.
• As of January 2026, BitMine’s staked Ethereum holdings have continued to grow, with some reports indicating staking reached 1.77 million ETH by January 20, 2026.
• The company reported combined crypto, cash, and “moonshot” holdings reaching $10 billion on February 9, 2026, reflecting significant expansion in its treasury portfolio.

Background and shift in strategy

Previously focused on Bitcoin mining, BitMine pivoted entirely to Ethereum in recent years. This strategic shift has positioned it as a key player in the Ethereum staking and yield space.

來源：https://cointelegraph.com/news/ethereum-bitmine-1-million-staked-eth