Bitmine Launches MAVAN: The World's Largest Ethereum Staking Service

Bitmine Launches MAVAN: The Future of Ethereum Staking

Bitmine Immersion Technologies, Inc. (BMNR) has officially announced the launch of its proprietary Ethereum staking solution, MAVAN, short for Made In America VAlidator Network. This innovative platform is designed to be the largest Ethereum staking service in the world, catering specifically to institutional investors looking for robust staking and blockchain infrastructure services.

A New Era in Staking

MAVAN is not just another staking service; it represents a significant evolution in the Ethereum staking landscape. With a focus on security, performance, and reliability, the platform merges a U.S.-based infrastructure catering to domestic validation needs with a flexible, globally dispersed architecture that allows support for a wide range of clients. Initially created to support Bitmine's own Ethereum treasury, MAVAN is now being expanded to accommodate institutional investors, depositaries, and ecosystem partners seeking top-tier staking services.

Tom Lee, Chairman of Bitmine, emphasized the importance of this launch, stating, "MAVAN marks a critical step in our vision to establish one of the leading staking and on-chain infrastructure platforms globally. As Bitmine holds the largest Ethereum reserve in the world, MAVAN will quickly become the most extensive Ethereum staking platform post-launch. We are also looking to expand into additional Proof-of-Stake networks and critical blockchain infrastructures, further developing features like on-chain vaults and post-quantum client development."

Growing Institutional Interest

As of March 24, 2026, Bitmine has staked an impressive 3,142,643 ETH, amounting to approximately $6.8 billion at a price point of $2,148 per ETH. This makes Bitmine the leading entity in ETH staking globally. Following a successful rollout of MAVAN, Bitmine anticipates generating nearly $300 million annually from staking rewards. This projection is based on a seven-day BMNR yield of 2.83%.

The company recently staked 101,776 ETH, valued at $219 million, through MAVAN, with intentions to increase that number significantly in the upcoming weeks. Institutions interested in leveraging a premium staking infrastructure for Ethereum, as well as exchange partners wishing to offer ETH staking through MAVAN, are encouraged to reach out directly to Bitmine.

The Future of Bitmine

With MAVAN's initiation, Bitmine reinforces its strategy as a Bitcoin and Ethereum network company that focuses on accumulating cryptocurrency for long-term investments. The firm operates under the guiding principle of the "Alchemy of 5%," viewing ETH as its primary reserve currency and engaging in native activities at the protocol level, such as staking and decentralized finance mechanisms. Bitmine continues to actively engage with a consortium of prominent institutional investors including Cathie Wood, Founders Fund, and Pantera, among others, in pursuit of its goal to acquire 5% of the total ETH supply.

For those looking to further explore the implications of MAVAN and its capabilities, Bitmine has made comprehensive resources available for in-depth analysis, including the chairman's messages and financial presentations.

With the blockchain industry rapidly evolving, MAVAN positions Bitmine at the forefront of Ethereum staking, promising enhanced staking experiences that may redefine institutional engagement in the cryptocurrency domain.

For more details on MAVAN and Bitmine’s operations, visit their official website or their investor relations portal.