Bitmine Stakes Over 408,627 ETH, Potential Daily Yield Exceeds $1M

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ETH news: Bitmine has staked 408,627 ETH as of December 28, 2025, valued at around $1.2 billion. The firm is working with three staking providers to build its MAVAN validator network, set for a 2026 launch. With 4.11 million ETH in total, ETH update shows the potential for daily staking yields over $1 million if fully deployed. Fundstrat’s Tom Lee estimates annualized returns at 2.81% CESR could reach $374 million.

According to BlockBeats, on December 29, Bitmine announced it is collaborating with three staking service providers to advance its commercial MAVAN (Made in America Validator Network) validator network, with a planned launch in 2026. As of December 28, 2025, Bitmine has staked 408,627 ETH, valued at approximately $1.2 billion at a price of $2,948 per ETH. This represents a small portion of its total 4.11 million ETH holdings. Fundstrat founder Tom Lee estimated that if all of Bitmine’s ETH is fully staked via MAVAN and partners, the annualized staking yield at a 2.81% CESR would be around $374 million, translating to daily earnings exceeding $1 million.

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