Skip to main content
See every side of every news story
Published loading...Updated

Bitmine Immersion Technologies (BMNR) Announces Launch of MAVAN (Made In America VAlidator Network), the Company's Proprietary Staking Solution

Bitmine's MAVAN will manage $6.8 billion in staked Ethereum and aims to deliver nearly $300 million in annual staking rewards for institutional clients.

  • On Wednesday, March 25, 2026, Bitmine Immersion Technologies, Inc. announced the official launch of MAVAN , a proprietary institutional-grade Ethereum staking platform.
  • Originally developed to support Bitmine's own Ethereum treasury, the platform reflects the company's long-term Bitcoin and Ethereum accumulation strategy focused on institutional-grade infrastructure.
  • This past week, Bitmine staked 101,776 ETH valued at $219 million to MAVAN and intends to stake nearly all of its remaining unstaked ETH in the coming weeks.
  • Once fully staked, MAVAN projects nearly $300 million in annual ETH staking rewards using a 2.83% yield, positioning the platform as the largest Ethereum staking service globally.
  • Chairman Tom Lee stated, "We plan to expand across additional proof-of-stake networks through 2026," supported by institutional investors including Cathie Wood and Founders Fund targeting a 5% ETH acquisition goal.
Insights by Ground AI

23 Articles

PR NewswirePR Newswire
+4 Reposted by 4 other sources
Center

Bitmine Immersion Technologies (BMNR) Announces Launch of MAVAN (Made In America VAlidator Network), the Company's Proprietary Staking Solution

MAVAN will be the largest Ethereum staking service provider globally and will provide staking services for other proof-of-stake chains and blockchain...

·United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Right
50% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

PR Newswire broke the news in United States on Wednesday, March 25, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal