Bitmine launches Ethereum staking platform

  • Bitmine will bring all your ETH holdings to stalking on this same platform.

  • In the future, MAVAN will also stake other cryptocurrency networks in addition to Ethereum.

Bitmine Immersion Technologies, the publicly traded company with the largest amount of ether (ETH) in its treasury, announced on March 25, 2026 the launch of MAVAN (Made in America Validator Network), its institutional grade Ethereum staking platform.

Furthermore, according to a company statement, MAVAN will process the bulk of Bitmine’s ETH holdings (more than 3 million units of the cryptocurrency) in the coming weeks, which would make it the largest Ethereum staking platform in the world by validated volume.

It is worth clarifying that Ethereum staking consists of deposit ETH into a specific network contract to operate as a transaction validator, in exchange for rewards periodic denominated in the same cryptocurrency.

The company plans to obtain annual staking rewards close to $300 million once the transfer of all of your ETH to the new infrastructure is completed.

MAVAN was originally developed to manage Bitmine’s own ETH treasury. The platform combines infrastructure based in the United States—aimed at institutions that require national validation—with a globally distributed architecture for clients in other jurisdictions.

In addition to Ethereum staking, Bitmine indicated that MAVAN plans to expand its services to other proof-of-stake networks and cryptocurrency infrastructure in general.

As CriptoNoticias reported, Bitmine has declared as a strategic objective to acquire 5% of the total supply of ETH (a supply that today is 120.69 million of ETH). Currently, the company only holds 3.60% of that total supply.

Tom Lee, president of the company, noted in the statement that MAVAN represents “a fundamental step” in the strategy of building a staking platform and on-chain infrastructure with global reach.

Despite the recent ETH purchases and the MAVAN announcement, the Bitmine (BNMR) stock price has remained in a downtrend for at least 5 months, as seen in the chart below:

Bitmine (BMNR) stock price chart over the past 12 months. Bitmine (BMNR) stock price chart over the past 12 months.
Bitmine (BMNR) share price over the last 12 months. Fountain: TradingView.

It is probably necessary for the ETH cryptocurrency to have a good price rally for Bitmine shares to feel the positive effect and catch the bullish trend.

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