Bitmine Rolls Out MAVAN Network to Stake $7B Ethereum for Institutions
Bitmine’s Made In America Validator Network (MAVAN) product launched this week, joining its existing $7 billion Ethereum stake under management. The firm’s shares have slid 66% since October despite a brief 2% jump on the news, as it targets institutional investors with 2.8% staking yields.
1. MAVAN Launch and Ethereum Staking Capacity
Bitmine has activated its Made In America Validator Network (MAVAN), expanding its role as the largest digital asset treasury holder with nearly $7 billion of Ethereum currently staked. MAVAN aims to serve institutional investors, custodians and ecosystem partners by offering high-quality proof-of-stake infrastructure and standardized onchain operations.
2. Share Price Performance
Despite the strategic rollout, Bitmine’s shares remain under pressure, down 66% since October following last year’s cascade of crypto liquidations. The stock ticked up roughly 2% on the MAVAN announcement but slipped over 3% in subsequent pre-market trading, reflecting persistent market skepticism toward digital asset treasuries.
3. Expansion Roadmap and Institutional Focus
Through 2026, Bitmine plans to extend MAVAN across additional proof-of-stake networks, develop onchain vault solutions and invest in post-quantum client technologies. These initiatives aim to solidify the firm’s onchain infrastructure platform and capitalize on growing institutional demand for staked Ethereum.