Bitmine Staked ETH Tops 2M as MAVAN Nears Launch

Bitmine Immersion Technologies (NYSE AMERICAN: BMNR) has announced that its staked Ether holdings now stand at 2,009,267 ETH, valued at approximately $5.7 billion, generating an estimated $160 million in annual staking revenue at current yields. The company’s aggressive accumulation strategy has brought it to 3.52% of Ethereum’s total supply, nearly 70% of the way toward its stated goal of acquiring 5%.

Treasury and Investments

Bitmine’s total crypto and cash holdings amount to $12.8 billion, including 4.24 million ETH, 193 BTC, $682 million in cash, and “moonshot” investments such as a $200 million stake in Beast Industries and $19 million in Eightco Holdings. The company leads crypto treasury peers by both NAV growth per share and trading liquidity, with BMNR stock averaging $1.2 billion in daily trading volume, ranking it among the top 100 most traded U.S. equities.

MAVAN Staking Solution

Bitmine is preparing to launch its Made in America Validator Network (MAVAN) in Q1 2026, a commercial staking infrastructure designed to secure its ETH holdings. At full deployment, MAVAN could generate $374 million annually in staking fees, or more than $1 million per day, based on the current Composite Ethereum Staking Rate (CESR) of 2.81%.

Institutional Backing

The company remains supported by a premier group of investors including ARK’s Cathie Wood, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and personal investor Thomas “Tom” Lee, who chairs Bitmine. Lee emphasized at Davos last week that Wall Street has embraced crypto and sees Ethereum as the backbone for tokenization and financial infrastructure.

Outlook

Bitmine’s rapid accumulation and staking strategy positions it as the largest Ethereum treasury globally. With MAVAN set to launch and institutional support deepening, the company is betting that Ethereum’s role in tokenized finance will drive long‑term value and yield.