BitMine Immersion Technologies ($BMNR) has disclosed a $12.3 billion portfolio of crypto, cash, and investments—dominated by a massive Ethereum (ETH) position—and unveiled a new institutional staking platform branded ‘MAVAN’, underscoring the firm’s push to turn treasury holdings into a recurring yield business.
In company materials and matching U.S. Securities and Exchange Commission filings, BitMine reported holdings that include roughly 5.39 million Ethereum (ETH) and about $444 million in cash. Of that ETH stack, approximately 4.71 million ETH is currently staked, representing around… Read more
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