Bitmine Makes Ethereum King, Turns 98% of Revenue Into Staking Windfall

Bitmine Immersion Technologies Inc. generated $45.7 million from ethereum staking during the third quarter of fiscal year 2026, marking a fundamental shift in the firm’s corporate operating model.

The publicly traded blockchain infrastructure company filed its Form 10-Q with the U.S. Securities and Exchange Commission (SEC), detailing financial results for the period ending May 31, […]