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. The company staked an additional 86,400 Ether (ETH) on Saturday, pushing its total staked holdings past the 1 million mark, with the value estimated at around $268.7 million.
Consolidates dominant position in Ethereum ecosystem
BitMine’s achievement marks a significant milestone in the Ethereum ecosystem, consolidating its dominant position as the largest Ethereum treasury company by holdings, with over 4 million ETH in its corporate treasury.
Related developments and analysis
- BitMine locks up 1 million ETH in a three-week staking spree: According to on-chain data tracker @lookonchain, BitMine completed a three-week staking spree that exceeded 1 million ETH.
- Analysis on financialization and yield capture: A Reddit post notes that a single company staking a million ETH highlights the trend of financialization and yield capture in the crypto space, rather than decentralization or scalability.
- BitMine staking crosses 1.77M ETH: As of January 20, 2026, BitMine’s staked Ethereum holdings reached 1.77 million ETH, valued at $5.6 billion, while Ethereum exchange balances hit multi-year lows.
BitMine’s staking activities are closely monitored by financial and crypto communities, with reports indicating its growing influence in the Ethereum ecosystem.
來源：https://cointelegraph.com/news/ethereum-bitmine-1-million-staked-eth