Bitmine Launches MAVAN Staking And Accumulates ETH
Bitmine announced on March 30, 2026 that its crypto, cash and “moonshot” holdings total $10.7 billion, including 4,732,082 ETH valued at $2,005 each and 3,142,643 staked ETH (as of March 29, 2026). The company said it launched MAVAN (Made in America Validator Network) on March 25, 2026 as an institutional staking platform and now controls roughly 3.92% of ETH supply, generating annualized staking revenues of about $177 million.
Scoring Rationale
Official company announcement reports a sizeable $10.7B treasury and the launch of MAVAN, giving it meaningful novelty and scope within crypto staking. Credibility is strong (company press release) and the news is actionable for institutional staking participants. Score is moderated because it is a corporate PR focused on treasury strategy and is tangential to core AI/ML audiences.
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Sources
- Read OriginalBitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.732 Million Tokens, and Total Crypto and Total Cash Holdings of $10.7 Billionusethebitcoin.com
