Bitmine revenue jumps to $46.5M, up 22 times from a year ago, as Ethereum staking drives growth despite a $9.1B non-cash loss.

PRNewswire, PRNewswire, 13th July 2026, Chainwire

BMNR stock rises as BitMine Ethereum holdings hit $10.2B (4.8% of supply), cementing its place as the world's largest ETH treasury.

Bitmine earned $46 million from Ethereum staking last quarter. Ethereum reaching $1,900 in July 2026 is at 87.5% YES.

Bitmine generated $45.7 million from Ethereum staking last quarter, with staking accounting for 98% of revenue after the launch of its institutional validator platform.

Bitmine revenue jumps to $46.5M, up 22 times from a year ago, as Ethereum staking drives growth despite a $9.1B non-cash loss.

Bitmine generated $45.7 million from Ethereum staking, which accounted for 98% of quarterly revenue as the company expanded MAVAN.

BitMine reports 98% of $47M revenue from Ethereum staking. Ethereum reaching $1,900 in July 2026 at 99.9% YES.