BitMine Immersion Technologies (BMNR) has staked an additional $180 million worth of Ethereum, taking its total staked ETH above 1 million, Cointelegraph reported on Saturday.
The staking was carried out in four tranches, and BitMine's total staked ETH rose to more than 1.01 million tokens.
BitMine holds more than 4 million ETH.
Analyst Nick Puckrin said, "BitMine has currently staked about $3.3 billion worth of ETH." He added, "This generates about $94.4 million worth of ETH in annual returns based on the current 2.81 percent yield."
Cointelegraph said BitMine shares are trading at more than 80 percent below a record high of $161 per share set in July 2025.
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