Bitmine has staked over 408,600 ETH, and with full staking, daily earnings will exceed $1 million

2025-12-29 15:42

BlockBeats News, December 29th, Bitmine announced that it is officially collaborating with 3 staking service providers to advance its commercial MAVAN (Made in America Validator Network) validator network, scheduled to launch in 2026.

As of December 28, 2025, Bitmine has staked 408,627 ETH, calculated at an ETH price of $2,948, worth approximately $1.2 billion, representing only a small portion of its 4.11 million ETH holdings. The current CESR (Comprehensive Ethereum Staking Rate) is 2.81%.

Tom Lee, the founder of Fundstrat, stated that if Bitmine's ETH is entirely staked by MAVAN and its partners in the future, the annual staking yield, calculated at the 2.81% CESR, would be approximately $374 million, with daily earnings exceeding $1 million.

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