Overview
- On Dec. 31, on-chain data tracked by OnChain Lens showed BitMine staking 118,944 ETH, raising its total staked balance to 461,504 ETH valued at roughly $1.37 billion.
- BitMine holds about 4.11 million ETH after adding roughly 44,000 tokens over the holidays, positioning the company among the largest corporate Ethereum treasuries.
- Management plans to launch the Made in America Validator Network in early 2026 to operate U.S.-based validators and monetize the treasury through staking rewards.
- The company projects MAVAN could produce about $374 million in annual fees at full scale, depending on validator performance and deployment.
- Shareholders are set to vote on proposals tied to the "Alchemy of 5%" strategy at the Jan. 15 annual meeting as BitMine targets roughly 5% of circulating ETH and carries sizable estimated unrealized losses.