BitMine plans to launch the Made in America Validator Network (MAVAN) to stake its ETH holdings, with a pilot program underway and full launch expected in Q1 2026. Staking tokens secures networks and generates revenue through staking rewards. BitMine experiences stock crash amid crypto market downturn and mNAV collapse. It faces over $3.7 billion in unrealized losses due to plummeting ETH prices, with each ETH now over $1,000 underwater. Treasury model faces competition from asset managers like BlackRock and ETF providers.

Read more at Cointelegraph: BitMine eyes 2026 launch for ETH staking operation, amid market collapse