Bitmine Discloses $1M/Day Staking Revenue and 5M ETH Staked in Korea Blockchain Week Presentation
BMNR has more than doubled off its 52-week low of $12.8.
Summary
Bitmine's Korea Blockchain Week presentation discloses staking revenue now at ~$1M/day on 5M+ ETH staked, buyback of ~21M shares completed, and a new $200M Beast Industries investment.
Key Events · Earnings and Guidance · BMNR
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Staking Revenue Hits $1M/Day
BMNR is now staking over 5 million ETH as of Sep 27, 2026, generating approximately $1 million per day in annualized staking revenue — a significant increase from prior reported figures.
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ETH Holdings Reach 6.0M Tokens
Company now owns 6.0 million ETH, representing 4.9% of total ETH supply, advancing toward its stated 5% ownership target.
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Buyback Program Progress
Approximately 21 million shares repurchased of the $4 billion authorized buyback program, with completion noted on August 17, 2026.
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New $200M Moonshot Investment
Disclosed a new $200 million investment in Beast Industries, a GenZ-focused fintech positioned as 'the next Robinhood-Sofi-Chime.'
Analysis · BMNR · Crypto Assets
The presentation reveals material operational updates: BMNR is now staking over 5 million ETH generating approximately $1 million per day in annualized staking revenue, has completed ~21 million shares of its $4 billion buyback authorization, and reached 6.0 million ETH owned (4.9% of supply). These figures represent a significant step-up from the last reported 10-Q figures and confirm the company's aggressive ETH accumulation strategy is progressing toward its 5% ownership target. The presentation also discloses a new $200 million investment in Beast Industries, expanding the company's 'Moonshot' portfolio.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 29.5% of the 1626 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BMNR was trading at $27.52 on NYSE in the Crypto Assets sector, with a market capitalization of approximately $16.1B. The 52-week trading range was $12.80 to $65.60. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.