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Shalini Nagarajan

BitMine Targets Early 2026 Launch for MAVAN Ethereum Validator Network to Monetize $12B ETH Treasury

BitMine, led by chairman Thomas Tom Lee, plans to activate its Made in America Validator Network (MAVAN) in early 2026 to earn staking fees from a 4,110,525 Ether treasury worth about $12 billion. The company has already staked 408,627 Ether with three providers, added 44,463 Ether in the past week, and projects that fully staking its holdings could generate around $374 million in annual fees based on current assumptions.
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