---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-012549"
form_type: "8-K"
ticker: "BMNR"
cik: "0001829311"
company_name: "BITMINE IMMERSION TECHNOLOGIES, INC."
filed_at: "2026-03-25T23:59:59+00:00"
generated_at: "2026-05-15T09:03:14.971042+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bitmine launches MAVAN Ethereum staking platform; claims largest ETH staker with $6.8B staked

## Summary
- MAVAN (Made in America VAlidator Network) is an institutional-grade Ethereum staking platform, launched March 25, 2026.
- Bitmine holds 3,142,643 staked ETH (≈$6.8B at $2,148/ETH) and is the largest known ETH staker globally.
- Fully staked via MAVAN, annual staking rewards projected at nearly $300M using 2.83% 7-day yield.
- In the past week, staked 101,776 ETH ($219M) to MAVAN; goal to stake nearly all remaining unstaked ETH.
- Backed by institutional investors including ARK (Cathie Wood), Founders Fund, Pantera, Galaxy Digital, and Tom Lee.

## SEC filing metadata
- accession: 0001493152-26-012549
- form_type: 8-K
- ticker: BMNR
- cik: 0001829311
- company_name: BITMINE IMMERSION TECHNOLOGIES, INC.
- filed_at: 2026-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829311/000149315226012549/0001493152-26-012549-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829311/000149315226012549/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-012549
- JSON: https://secwatch.observer/filing/0001493152-26-012549.json
- Plain text: https://secwatch.observer/filing/0001493152-26-012549.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.