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

BitMine expands Ethereum holdings to 5.77M ETH and joins Russell 1000. Ethereum reaching $1,900 by July 2026 at 47.5% YES.

PRNewswire, PRNewswire, 13th July 2026, Chainwire

Bitmine accumulates 5.77M ETH tokens, 4.8% of supply, as Tom Lee cites Robinhood Chain driving everyday user adoption.

Bitmine acquired 27,801 ETH over the past week, moving closer to its goal of owning 5% of the total ETH supply.

Bitmine buys $50M in Ethereum, lifting holdings to 5.77M ETH as Robinhood Chain expands demand and staking revenue climbs.

Bitmine now holds 5.77 million ETH, equal to 4.8% of ether’s total supply, putting it 96% of the way to its 5% target.

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.

Bitmine now holds 5.77 million ETH, equal to 4.8% of total Ethereum supply, as Tom Lee's firm pushes toward its 5% accumulation target.