According to the company’s brief announcement, Bitmine reported that its annualized staking (locking crypto to earn rewards) revenue has moved above $300 million.
Bitmine said its annualized staking (locking crypto to earn rewards) revenue now exceeds $300 million, according to the company’s short announcement. The statement provides a high-level revenue milestone but does not include details such as the assets being staked, the calculation period, or whether the figure reflects current run-rate performance rather than booked annual revenue. In the crypto market, staking typically refers to committing tokens to help secure proof-of-stake (blockchain validation model) networks in exchange for rewards.