Bitmine's Ethereum Staking Exceeds 2 Million ETH, Plans MAVAN Launch

2026-01-26 22:15

Bitmine has announced that its Ethereum staking has surpassed 2 million tokens, totaling 2,009,267 ETH, valued at approximately $5.7 billion as of January 25, 2026. This marks an increase of 171,264 ETH from the previous week. The company is working with three staking service providers and intends to launch the 'Made in the USA' Ethereum validation network, MAVAN, later this year. Additionally, Fundstrat data indicates that as of January 9, 2026, Bitmine's stock had a 5-day average trading volume of $1.2 billion, placing it 91st among 5,704 U.S. listed stocks, surpassing PepsiCo, which is ranked 92nd.

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