{"id":95581,"date":"2026-03-25T18:22:00","date_gmt":"2026-03-25T15:22:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=95581"},"modified":"2026-03-25T18:25:22","modified_gmt":"2026-03-25T15:25:22","slug":"bitmine-launches-institutional-ethereum-staking-platform","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitmine-launches-institutional-ethereum-staking-platform\/","title":{"rendered":"BitMine Launches Institutional Ethereum Staking Platform"},"content":{"rendered":"<p>BitMine has unveiled the institutional platform Made in America Validator Network (MAVAN), designed for <a href=\"https:\/\/forklog.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">staking<\/a> the second-largest cryptocurrency by market capitalization.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">MAVAN is live \u203c\ufe0f<\/p>\n<p>We are open for business and will be the world\u2019s largest single entity staking operation. <\/p>\n<p>PS: you can stake your ethereum and other crypto with us. <a href=\"https:\/\/twitter.com\/search?q=%24BMNR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BMNR<\/a><br \/>\u2066<a href=\"https:\/\/twitter.com\/fundstrat?ref_src=twsrc%5Etfw\">@fundstrat<\/a>\u2069 <br \/> <a href=\"https:\/\/t.co\/SKTGJmeQTw\">https:\/\/t.co\/SKTGJmeQTw<\/a><\/p>\n<p>\u2014 Bitmine (NYSE-BMNR) $ETH (@BitMNR) <a href=\"https:\/\/twitter.com\/BitMNR\/status\/2036784434515492867?ref_src=twsrc%5Etfw\">March 25, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Initially, the platform was created solely for the firm&#8217;s operations. However, the company now plans to offer services to large investors, custodians, and exchanges.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cBitMine is the largest holder of Ethereum, and shortly after the launch, MAVAN will become the largest cryptocurrency staking platform in the world,\u201d said the firm&#8217;s chairman, Tom Lee.<\/em><\/p>\n<\/blockquote>\n<p>As of March 24, the structure has <a href=\"https:\/\/forklog.com\/en\/news\/bitmine-amasses-3-7-of-ethereum-supply\">locked<\/a> over 3.1 million ETH worth $6.8 billion. In the past week, BitMine transferred about 101,776 ETH valued at $219 million to MAVAN.<\/p>\n<p>The firm plans to send all remaining unstaked coins there soon. According to the Composite Ethereum Staking Rate benchmark by Quatrefoil, the annual yield from locking Ethereum will be 2.75%.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">2\/<br \/>As of March 22, 2026, Bitmine total staked ETH stands at 3,142,643 ($6.5 billion at $2,072 per ETH). <\/p>\n<p>Total staked <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> by week: <br \/>\u2014 3\/22\/26: 3,142,643 ETH<br \/>\u2014 3\/15\/26: 3,040,515 ETH <br \/>\u2014 3\/8\/26: 3,040,483 ETH <br \/>\u2014 3\/1\/26: 3,040,483 ETH <br \/>\u2014 2\/23\/26: 3,040,483 ETH <br \/>-\u2026 <a href=\"https:\/\/t.co\/clwIp2pAVY\">pic.twitter.com\/clwIp2pAVY<\/a><\/p>\n<p>\u2014 Bitmine (NYSE-BMNR) $ETH (@BitMNR) <a href=\"https:\/\/twitter.com\/BitMNR\/status\/2036077778714402999?ref_src=twsrc%5Etfw\">March 23, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The company manages a total of 4.6 million ETH worth $8.94 billion, accounting for nearly 4% of the leading altcoin&#8217;s issuance.<\/p>\n<p>Lee added that BitMine will expand into other <a href=\"https:\/\/forklog.com\/en\/news\/proof-of-stake-how-it-works-and-why-it-is-so-popular\">PoS<\/a> networks and critical blockchain infrastructure. In 2026, the company will engage in on-chain storage, post-quantum solutions, and other initiatives.<\/p>\n<p>In the past 24 hours, BMNR shares rose by 3% to $21.4. However, over the past six months, the stock has fallen by nearly 60%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"541\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-9cd40d2912444b41-53361519042081-1024x541.png\" alt=\"image\" class=\"wp-image-277409\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-9cd40d2912444b41-53361519042081-1024x541.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-9cd40d2912444b41-53361519042081-300x158.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-9cd40d2912444b41-53361519042081-768x405.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-9cd40d2912444b41-53361519042081-1536x811.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-9cd40d2912444b41-53361519042081.png 1898w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/finance.yahoo.com\/quote\/BMNR\/\">Yahoo Finance<\/a>.<\/figcaption><\/figure>\n<p>Earlier in March, BlackRock <a href=\"https:\/\/forklog.com\/en\/news\/blackrock-launches-ethereum-etf-with-staking-feature\">launched<\/a> an Ethereum-<a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a> with staking capabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMine has unveiled the institutional platform MAVAN, designed for staking the second-largest cryptocurrency by market capitalization.<\/p>\n","protected":false},"author":1,"featured_media":95582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"BitMine unveils MAVAN for institutional Ethereum staking.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1289,46,919],"class_list":["post-95581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-staking","tag-ethereum","tag-tom-lee"],"aioseo_notices":[],"amp_enabled":true,"views":"38","promo_type":"1","layout_type":"1","short_excerpt":"BitMine unveils MAVAN for institutional Ethereum staking.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=95581"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95581\/revisions"}],"predecessor-version":[{"id":95583,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95581\/revisions\/95583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/95582"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=95581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=95581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=95581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}