How does $13 billion in Ethereum assets generate $400 million in annual revenue? A company's staking yield strategy

【Chain Wen】An interesting data point worth noting: a cryptocurrency asset company currently holds $13 billion worth of Ethereum, and by staking these assets, it is expected to generate over $400 million in pre-tax income annually. It sounds a bit crazy, but this is the current real-world return from Ethereum staking.

What’s more interesting is that this company has significantly increased its Ethereum holdings over the past few months, claiming that this wave of purchases may have “saved” about $400 million — in other words, they bought at some lows. But frankly, since launching the acquisitions in July last year, there is still an unrealized loss of about $2.3 billion on the books, which is normal; asset allocation is inherently a long-term game.

In addition to staking earnings from Ethereum, this company is also betting in other areas. For example, they invested $200 million in a content creation project, and the management is quite optimistic about this investment, expecting a 10x return. Their logic is that such creative content can help connect Ethereum and the Web3 ecosystem with a younger user base, which is also part of their ecosystem layout to some extent.

This case quite well illustrates the point: the long-term outlook of large institutions on Ethereum’s returns, and how they participate in the ecosystem through staking, investing, and other multi-dimensional approaches.