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Bitmine stakes 3.14M ETH worth $6.3B, owning 3.92% of ETH supply and launching MAVAN staking platform.

Market News
30 Mar 2026
PRNewsWire
View Source
Bullish
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Bitmine Immersion Technologies has staked over 3.14 million ETH valued at $6.3 billion, representing 3.92% of the total Ethereum supply. The company launched MAVAN, an institutional-grade Ethereum staking platform, to support its own treasury and expand to other investors. Bitmine also holds $10.7 billion in crypto, cash, and strategic investments, making it the largest ETH treasury globally and one of the most traded US stocks. The company aims to acquire 5% of the ETH supply and expects annual staking rewards of $266 million at full scale.

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