BitMine Launches MAVAN, Expands Institutional Ethereum Staking Platform

BitMine Immersion Technologies ( (BMNR) ) just unveiled an announcement.

On March 25, 2026, Bitmine Immersion Technologies launched MAVAN (Made in America VAlidator Network), an institutional-grade Ethereum staking platform built on U.S.-based infrastructure with a globally distributed architecture. Originally developed for Bitmine’s own treasury, MAVAN is being opened to institutional investors, custodians, exchanges and other partners seeking large-scale, secure Ethereum staking and related blockchain infrastructure services.

As of 5:00 p.m. ET on March 24, 2026, Bitmine reported 3,142,643 ETH staked, valued at about $6.8 billion, and said this makes it the largest single Ethereum staker worldwide. The company has recently added more than 100,000 ETH to MAVAN and plans to stake nearly all remaining holdings, positioning MAVAN as what it describes as the largest Ethereum staking platform globally and a cornerstone of its broader expansion into proof-of-stake networks and on-chain infrastructure.

The most recent analyst rating on (BMNR) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on BitMine Immersion Technologies stock, see the BMNR Stock Forecast page.

More about BitMine Immersion Technologies

Bitmine Immersion Technologies, Inc., listed on NYSE American as BMNR, is a U.S.-based Bitcoin miner that is redeploying excess capital to build what it positions as the leading Ethereum treasury operation globally. The company focuses on accumulating crypto for long-term investment, with ETH as its primary treasury reserve asset and a strategy centered on protocol-level staking and decentralized finance activities.

Average Trading Volume: 44,427,017

Technical Sentiment Signal: Sell

Current Market Cap: $9.46B

For a thorough assessment of BMNR stock, go to TipRanks’ Stock Analysis page.