Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTCryptoProwlWed, July 15, 2026 at 3:32 PM GMT+2 1 min readEthereum Staking Generates 98% Of Bitmine's Quarterly RevenueCrypto treasury firm Bitmine Immersion Technologies (NYSE: $BMNR) says that Ethereum (CRYPTO: $ETH) staking generated 98% of its revenue in its latest quarter. The company, led by Chairman Tom Lee, said Ethereum staking became its dominant source of revenue during the fiscal quarter ended May 31, generating $45.7 million U.S. Bitmine reported $46.5 million U.S. in total revenue for the quarter, up from $2.05 million U.S. a year earlier. More From Cryptoprowl:Stablecoin Market Cap Declines By $10 Billion