Derived from Coinrise, BitMine announced the launch of the Made in America Validator Network (MAVAN), a U.S.-based Ethereum staking initiative. The project aims to strengthen the company’s position in the Ethereum ecosystem through partnerships and pilot tests, with full staking expected to begin in early 2026. Despite holding $4 billion in unrealized losses and a 84% drop in its share price since July, BitMine continues to accumulate ETH, with co-founder Tom Lee calling the current dip a 'golden opportunity.'
BitMine Launches U.S.-Based Ethereum Validator Network Amid Market Downturn
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