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Bitmine plans to launch its commercial Ethereum validator network MAVAN in 2026

Bitmine plans to launch its commercial Ethereum validator network MAVAN in 2026

PANewsPANews2025/12/30 02:15
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PANews, December 30 – According to official sources, Bitmine is currently collaborating with three staking service providers and plans to launch its commercial MAVAN (Made in America Validator Network) in 2026. As of December 28, 2025, the total amount of ETH staked by Bitmine is 408,627 (approximately $1.2 billions). Tom Lee, Chairman of BitMine, predicts: "When all of Bitmine's ETH is staked by MAVAN and its staking partners, ETH staking fees will reach $374 millions per year."

In addition, Bitmine's annual shareholders meeting will be held on January 15, 2026, with votes on four key proposals, including: 1. Election of eight directors for the next year; 2. Approval of amendments to the company bylaws to increase the number of authorized common shares; 3. Approval of the 2025 Comprehensive Incentive Plan; 4. Non-binding advisory approval of special, performance-based compensation arrangements for the Executive Chairman.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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