Odaily Planet Daily reports that, according to Everstake’s report, among six Ethereum treasury companies that separately disclosed staking-related income, staking income accounted for an average of 60% of their reported revenue. The report reviewed 15 publicly traded companies with Ethereum treasury strategies, which collectively reported a net loss of approximately $1.41 billion in 2025. Additionally, BitMine Immersion Technologies reported a net loss of $9.02 billion for the six months ended February 28, primarily driven by unrealized losses on digital assets.
The report states that spot Ethereum ETFs have diminished the appeal of publicly traded companies that simply hold Ethereum, forcing financial firms to justify their valuations through yield-generating strategies such as staking. (Cointelegraph)