Large companies increasingly stake Ether for yield, tightening circulating supply and signaling long-term confidence in Ethereum.
Corporate treasuries are rapidly embracing Ethereum staking as a strategy to earn passive yield while holding long-term crypto assets. A recent move by BitMine Immersion Technologies highlights this trend, as major players lock substantial amounts of Ether into Ethereum’s proof-of-stake system, reducing the amount of ETH available for sale on the open market.
Corporate Ethereum Staking Reaches New Scale
BitMine Immersion Technologies, currently the largest corporate holder of Ether, staked approximately 342,560 ETH valued at over $1 billion within a two-day period. By committing this Ether to staking, the company aims to generate an estimated 3%–5% annual yield, while also supporting network security.
This large-scale staking activity has had a visible impact on Ethereum’s validator dynamics. The validator entry queue has expanded to nearly double the size of the exit queue, a development not seen in over six months. At present, more than 739,000 ETH is waiting to be staked, compared to roughly 350,000 ETH queued for withdrawal, underscoring growing interest in long-term participation rather than short-term exits.
A larger entry queue typically reflects increasing confidence in Ethereum, as more entities choose to lock up capital for extended periods. Conversely, a growing exit queue can indicate intentions to liquidate. The current imbalance suggests that more ETH is being committed than withdrawn, effectively tightening supply.
Treasuries Chase Yield While Supply Shrinks
Other major corporate holders are following a similar strategy. Several firms report staking nearly all or all of their Ether reserves, collectively earning tens of millions of dollars in staking rewards. This ongoing accumulation and staking activity is widely viewed as a structural reduction in sellable ETH, which may support long-term price stability despite short-term market fluctuations.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.