BitMine Surpasses 1 Million ETH Staked, Valued at $3.3 Billion
- Staking Milestone: BitMine Immersion Technologies has successfully staked over 1 million ETH, totaling 1,080,512 ETH, valued at approximately $3.3 billion, demonstrating its ongoing commitment to Ethereum staking and liquidity expansion.
- Annual Yield Expectations: According to market analysts, BitMine's staked ETH is expected to generate about $94.4 million annually based on an average yield of 2.81%, providing the company with a stable source of passive income.
- Market Environment Challenges: Despite significant progress in staking, BitMine's stock price has declined over 80% since its peak in July 2025, reflecting ongoing volatility in the crypto market and valuation pressures faced by the company.
- Shareholder Proposal for Flexibility: BitMine's Chairman proposed increasing the authorized shares from 50 million to 50 billion to facilitate future stock splits, maintaining a share price around $25, thereby providing flexibility for strategic growth.
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Technical Analysis for ARKM
Technical Sentiment Analysis for Arkham (ARKM) As of , Arkham (ARKM) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ARKM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ARKM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Arkham (ARKM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0449 | 0.0724 | 0.102 | 0.129 | 0.159 | 0.186 | 0.216 |
| Fibonacci | 0.0724 | 0.0942 | 0.108 | 0.129 | 0.151 | 0.165 | 0.186 |
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