Tom Lee’s Bitmine debuts MAVAN staking, stock advances
Crypto Briefing
Bitmine Immersion Technologies launched its MAVAN staking platform, leading to a 3% stock advance in premarket trading.Summary
Bitmine Immersion Technologies (BMNR) has introduced MAVAN, a proprietary staking platform designed to capture the institutional Ethereum staking market and grow into broader blockchain infrastructure services. The company claims to already have multi-billion-dollar ETH holdings staked and anticipates substantial annual staking rewards upon full deployment. Supported by major investors, Bitmine intends for MAVAN to become a premier crypto infrastructure network focused on long-term Ethereum accumulation. Following this announcement, Bitmine shares rose 3% in Wednesday's premarket trading.
(Source：Crypto Briefing)