Bitmine says ETH staking generated $45.7 million, accounting for 98% of quarterly revenue
Bitmine generated $45.7 million from Ethereum staking, which accounted for 98% of quarterly revenue as the company expanded MAVAN.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitmine generated $45.7 million from Ethereum staking, which accounted for 98% of quarterly revenue as the company expanded MAVAN.
Why this matters
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.
Original source
Read on The BlockRelated market context
Kraken Parent Payward Swaps Its Headline Metric, Reports $487 Million in Q3 Platform Margin
Payward, the privately held parent of Kraken, publishes selected quarterly figures rather than SEC filings, and until now led them...
Ethereum Dancing on Two Fronts as Quantum Upgrade Advances and Treasury Leverage Bites
Ethereum developers want to upgrade the network to be quantum-ready by 2027, potentially accelerating one of its biggest security...
Nakamoto Gets Extra Year on 60 Million USDT Kraken Loan; Derivatives Count Toward Collateral
Nakamoto Inc. (NAKA) is a bitcoin treasury company, a public company holding bitcoin as a core asset, and has borrowed against it....
Twenty One Capital CEO Says $1.09 Billion Quarterly Profit Came From Bitcoin, Not Business
Twenty One Capital (XXI) reported $1.087 billion in net income for the third quarter, and CEO Rapha Zagury told shareholders on Fr...
Gemini’s Q3 Loss Shrinks, but Crypto Marks Did Much of the Work
Gemini Space Station, the Nasdaq-listed crypto exchange founded by Cameron and Tyler Winklevoss, cut its third-quarter net loss by...
Ether Price Dips Below $2K as Ethereum Foundation Dumps 5000 ETH in 5 Day
A wallet linked to the Ethereum Foundation sold another 1,000 ETH on Saturday, taking its five-day total to 5,000 ETH, or about $9...