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BitMine Staked ETH Now Hits 1.5M, Major Vote to Decide Company’s Ethereum Policy
Yahoo Finance· 2026-01-14 13:10
BitMine has increased its staked Ethereum again. The company deposited 186,560 ETH into the Beacon Chain and now has a total staked balance of 1,530,784 ETH. At current prices, the staked position is worth roughly $5.13 billion. The transfer was sent to the Beacon Depositor address on January 14 and came just days after BitMine crossed the 1 million ETH staking mark despite a broader bearish market. Balance Sheet Snapshot BitMine now controls about 4% of all ETH staked on the Beacon Chain. Total netwo ...
Bitmine Now Holds 4.17 Million ETH, 3.45% Ethereum’s Total Supply
Yahoo Finance· 2026-01-12 17:10
Core Insights - Bitmine (NYSE: BMNR) has increased its Ethereum holdings to 4.168 million ETH, representing 3.45% of Ether's total supply, with 1.256 million ETH staked for network security and rewards [1][3] - The company aims to increase its treasury holdings and is seeking shareholder approval to raise authorized shares, requiring a 50.1% favorable vote [2][3] - Bitmine's total treasury is valued at $14 billion, including its ETH holdings, 193 BTC, a $23 million stake in Eightco Holdings, and $988 million in cash [3][4] Treasury Holdings - Bitmine is the second-largest global treasury holder, following Michael Saylor's Strategy, which holds 13,627 BTC [4] - The company is currently the 67th most traded stock in the US, with an average daily trading volume of $1.3 billion [4] Staking Strategy - Bitmine has nearly doubled its staked Ether, now holding 1.256 million ETH, which constitutes approximately 30% of its total Ether holdings [5] - The company plans to launch the Made in America Validator Network (MAVAN) in Q1 2026, aimed at enhancing its staking infrastructure [6] - The anticipated daily staking fee revenue from MAVAN is projected to exceed $1 million, based on a composite Ethereum staking rate of 2.81% [6][7] - When fully operational, the annual staking fee from Bitmine's ETH is expected to reach $374 million [7]
Bitmine's ether stash tops 4.1 million tokens as crypto and cash holdings reach $13.2 billion
Yahoo Finance· 2025-12-29 14:46
Core Insights - Bitmine Immersion Technologies (BMNR) has reported a total of $13.2 billion in combined crypto, cash, and higher-risk investments, making it the largest publicly owned ether treasury globally and second among corporate crypto treasuries [1][2]. Group 1: Holdings and Investments - As of December 28, Bitmine holds 4,110,525 ETH, 192 bitcoin, a $23 million stake in Eightco Holdings, and $1 billion in cash [2]. - The ether position constitutes approximately 3.41% of the circulating supply of around 120.7 million ETH, nearing the company's "alchemy of 5%" target [2]. Group 2: Market Strategy and Revenue Potential - Bitmine is currently the largest "fresh money" buyer of ETH globally, according to the company's chairman, Thomas Lee [2]. - The company has staked 408,627 ETH, valued at about $1.2 billion, and is collaborating with three staking providers to launch its Made in America Validator Network (MAVAN) by early 2026 [3]. - With the current Ethereum staking rate of 2.81%, fully staking the ether holdings could yield approximately $374 million in annual staking revenue [4]. Group 3: Market Conditions - Year-end tax-loss selling is impacting crypto and crypto equity prices, particularly from December 26 to December 30, which the company is considering in its market navigation [3].
ChatGPT Told Us How To Make Money Without Working — What Do Copilot, Gemini and Other AIs Say?
Yahoo Finance· 2025-10-27 21:43
Core Insights - Various AI chatbots, including ChatGPT, Copilot, Gemini, and Grok, provide similar recommendations for generating passive income, emphasizing investment in stocks, real estate, and high-yield savings accounts [1][3][5][8] Investment Strategies - ChatGPT suggests investing in stocks and funds, real estate ownership, high-yield savings accounts, and government bonds [1] - Copilot recommends investing in dividend-paying stocks and rental properties, along with high-yield savings accounts and government bonds [3][4] - Gemini also advises investing in dividend stocks and index funds, purchasing rental properties, and utilizing high-yield savings accounts or certificates of deposit [5][6] Income Generation Ideas - Copilot mentions earning income from royalties or licensing fees, peer-to-peer lending, automated digital products, and affiliate marketing [4] - Gemini suggests creating online courses, selling e-books, starting a YouTube channel or blog, and engaging in print-on-demand e-commerce [6][7] - Grok introduces cryptocurrency staking as a method for earning rewards, specifically mentioning Ethereum and Cardano [8]
Grayscale Becomes First to Add Staking to US Spot Ethereum ETFs
Yahoo Finance· 2025-10-06 13:34
Core Insights - Grayscale Assets Management has announced the introduction of staking for its spot Ethereum ETFs, marking a significant development in the crypto space [1][2] - The Ethereum price is showing strength, approaching the $4,600 mark, indicating a potential breakout to new all-time highs [1][2] Grayscale's Staking Initiative - Grayscale is launching a staking facility for its US-listed Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH) [2] - The staking features aim to provide investors with exposure to the long-term value growth of the Ethereum network while maintaining the funds' primary objectives [3] - ETHE and ETH are not registered under the Investment Company Act of 1940, thus not subject to the same regulations as 40 Act-registered ETFs [3] Competitive Landscape - Other US issuers of Ethereum ETFs, such as BlackRock, Fidelity, and Ark Invest, are still awaiting SEC approval for their staking features [4] - The introduction of staking is expected to amplify yields for investors and drive greater institutional inflows [4] Expansion to Solana Trust - Grayscale has also introduced staking to its Solana Trust (GSOL), providing a traditional brokerage route for investors to earn staking rewards [5] - The firm has filed with the U.S. SEC to convert GSOL into an ETF under the 1933 Act, although it is not the first Solana staking ETF available [6] - The REX-Osprey Solana Staking ETF (SSK), regulated under the Investment Company Act of 1940, has grown its assets under management to $404 million since its launch in July [6] Market Context - The announcement comes amid the ongoing US government shutdown, which may delay decisions on several crypto ETFs scheduled for October [7]
Anon Announces Private Placement and Corporate Update
Thenewswire· 2025-07-11 13:30
Core Viewpoint - Anonymous Intelligence Company Inc. is expanding its business strategy by developing SimpliiCrypto, an early-stage cryptocurrency project, under the leadership of CEO Denis Franks [1][2] Group 1: Business Strategy and Developments - The company is undertaking a non-brokered private placement of up to 5,000,000 units at a price of $0.15 per unit, aiming for gross proceeds of up to $750,000 [3] - The net proceeds from the offering will be used to broaden the technology business strategy, including cryptocurrency staking, mining, blockchain technology, and the development of decentralized applications [4] - A portion of the proceeds will be invested in a globally recognized cryptocurrency, with plans to stake the tokens quarterly to generate revenue [5] Group 2: Strategic Alliances - The company is seeking further strategic opportunities involving cryptocurrency-related assets through cash and equity arrangements [6] - ANON has entered into a strategic alliance with CannÖgen International, which focuses on health and wellness products, to secure appreciating assets that support shareholder value [7][8] - CannÖgen has issued ANON 444,444 warrants exercisable into common shares at a price of $0.1125 per share for two years, and ANON holds approximately a 1% ownership interest in CannÖgen [9] Group 3: Product Development - ANON is advancing the development of its proprietary Software Development Kit (SDK) and Virtual Private Network (VPN), which are being rebranded as Simplii Ai and Simplii VPN [10] - Under Mr. Franks' leadership, the company has significantly increased its market capitalization and improved its balance sheet by reducing over $350,000 in outstanding debt [11]