According to Cointribune, BitMine, one of the largest ETH holders, is launching its homegrown staking platform, MAVAN, in Q1 2026 to turn dormant assets into income streams. The move comes as Ethereum's price falls to $2,711, resulting in over $3.7 billion in latent losses for the firm. BitMine also announced a $0.01 per share dividend, marking the first such move by a listed crypto company. The platform will be tested with three technical partners and aims to control 5% of the global Ethereum supply.
BitMine Launches MAVAN Staking Platform Amid Ethereum Price Drop to $2,711
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