Bitmine launches MAVAN to stake 3.1M ETH valued at $6.8B in March 2026

Bitmine Immersion Technologies launched MAVAN in March 2026, repositioning itself from crypto accumulation toward institutional Ethereum staking infrastructure. The company said MAVAN started with more than 3.1 million ETH (about $6.8 billion) and, with total holdings near 4.66 million ETH, aims to turn its treasury into a yield-focused revenue model.