A pioneering digital asset platform, BitMine has planned to initiate its Made in America Validator Network in the early months of the next year. The company has taken this initiative, focusing on earning staking yield from a $12 billion Ethereum hoard.
On December 29, the company revealed that it has accumulated around 4,110,525 Ether, accounting for around $12 billion. The numbers have taken the company to a position at the largest publicly disclosed Ethereum treasury and one of the biggest crypto balance sheets in the industry.
The chairman of the company, Thomas Tom Lee, proposed MAVAN in the upcoming step, shifting BitMine from culminating to monetisation via validator operations. He further mentioned that he is going to continue making progress on their solution, widely known as the Made in America Validator Network (MAVAN).
He also reassured that this will be the ‘best-in-class’ solution, providing a safe staking environment, and will be rolled out in early 2026. Validator economics is at the core, and rewards are paid in ether, formulated by network activity, validator uptime and the yield environment that also adds MEV-associated revenue.
Checks Before Rollout
Lee also informed us that when ETH of the company is completely staked by MAVAN and its staking partners, the staking fee of ETH is $374 million annually, or over $1 million per day. The number is revised on a stack of assumptions, adding staking most of the treasury, keeping up high validator performance with minimum penalties and looking for yields and prices that stay supportive enough to have dollar returns appraised.
Currently, BitMine is not in complete control. The company mentioned that 408,627 Ether has so far been staked with third-party providers as it checks MAVAN before a wider launch aimed for early 2026. BitMine has also been continuously buying.
The company has added 44,463 Ether in the last week, positioning itself as the biggest fresh money purchaser of Ether, and it put its accumulated crypto, cash and “moonshots” holding at $13.2 billion, adding $1.0 billion in cash.
The stock angle has also been added in the story, as liquidity matters when a treasury strategy seems like a leveraged proxy for Ether. BitMine revealed BMNR traded around $980 million in a single day on a five-day average, being 47th among US-listed stocks as of last Friday.
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