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Bitmine Makes Ethereum King, Turns 98% of Revenue Into Staking Windfall

Bitmine Immersion Technologies Inc. generated $45.7 million from ethereum staking during the third quarter of fiscal year 2026, marking a fundamental shift in the firm’s corporate operating model. The publicly traded blo...

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Bitmine Makes Ethereum King, Turns 98% of Revenue Into Staking Windfall
Bitmine Immersion Technologies Inc. generated $45.7 million from ethereum staking during the third quarter of fiscal year 2026, marking a fundamental shift in the firm’s corporate operating model. The publicly traded blockchain infrastructure company filed its Form 10-Q with the U.S. Securities and Exchange Commission (SEC), detailing financial results for the period ending May 31, […]

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Ethereum is showing up inside the DeFi theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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