BitMine Snaps Up 40,000 ETH, Controls 3.5% of Supply as $12.8B Treasury Surges
Key Takeaways:BitMine’s Ethereum Accumulation Hits New Gear$12.8 Billion Balance Sheet Anchored by ETHStaking Turns Holdings into YieldMAVAN Set to Scale Validator Operations in 2026
More than 2,009,267 ETH are already staked, representing nearly half of BitMine’s Ethereum treasury. This figure increased by over 170,000 ETH in a single week, reflecting how quickly the company is deploying assets into yield-generating infrastructure. With the current Composite Ethereum Staking Rate of 2.8%, BitMine estimates that its annual staking revenue is about $374 million when the whole ETH will be under staking. This number is equivalent to more than $1 million per day from the protocol’s native reward. To support this scale, BitMine is developing MAVAN (Made in America Validator Network), a commercial staking platform launched in the first quarter of 2026. According to the company, MAVAN will provide safe validator infrastructure, located in the U.S., while handling a significant share of its own ETH stake.About Author
