BitMine Immersion Technologies (BMNR) lanserer MAVAN

BitMine Immersion Technologies (NYSE American: BMNR), the world’s largest public holder of Ethereum, has officially launched MAVAN (Made in America Validator Network) - its proprietary institutional staking platform for Ethereum. The platform is positioned as the “premium destination” for institutional investors, custodians, exchanges, and ecosystem partners, and is already the largest Ethereum staking platform in the world by staked volume.

According to the company’s press release, at the time of launch MAVAN already has 3,142,643 ETH staked, worth approximately $6.8 billion (at $2,148 per ETH as of March 24). In the past week alone, BitMine added another 101,776 ETH ($219 million) directly to the new platform. The company plans to migrate nearly all of its remaining ETH holdings to MAVAN in the coming weeks. Once fully deployed, annual staking rewards are projected to reach nearly $300 million (based on the current 7-day yield of 2.83%).

“MAVAN is a critical milestone in our vision to build one of the leading global staking and on-chain infrastructure platforms,” said Tom Lee, Chairman of the Board of BitMine.

“As the world’s largest Ethereum holder, BitMine will make MAVAN the largest Ethereum staking platform immediately upon launch. We plan to expand it to other proof-of-stake networks and develop on-chain vaults, post-quantum clients, and additional infrastructure initiatives throughout 2026.”

The “Alchemy of 5%”: Company Strategy

BitMine follows the philosophy of “Alchemy of 5%” - treating ETH as the core reserve asset of its treasury. The company is backed by a who’s-who of elite institutional investors, including ARK Invest (Cathie Wood), Founders Fund, Pantera Capital, Kraken, DCG, Galaxy Digital, Bill Miller III, and Tom Lee himself. Their stated goal is to accumulate approximately 5% of the entire Ethereum supply (roughly 6 million ETH based on the current ~120.7 million token supply).

BitMine already controls over 3.8–3.9% of total ETH supply (depending on the latest on-chain updates) and continues aggressive accumulation. With full MAVAN deployment, the company shifts from a passive treasury holder to a major generator of stable, high-yield staking revenue.

What Makes MAVAN Unique

• Built with enterprise-level security, performance, and resilience.
• U.S.-based validator infrastructure fully meets regulatory and institutional requirements for domestic validation.
• Global reach: Distributed architecture supports clients worldwide.
• Planned expansion to other PoS networks plus on-chain vaults, post-quantum clients, and broader blockchain infrastructure in 2026.

Originally a U.S.-based Bitcoin mining company, BitMine has completely pivoted its excess capital into a pure Ethereum treasury strategy. The MAVAN launch marks the decisive transition from passive holding to active income generation and institutional-grade staking services.

This development underscores the growing role of publicly listed companies in Ethereum staking and the transformation of ETH into a high-yield treasury asset for institutions. MAVAN has the potential to become the new benchmark for large-scale professional staking.