# MAVAN

Type: Product

Source: GetYourBrief — https://getyourbrief.com/entity/mavan-product
Canonical HTML page: https://getyourbrief.com/entity/mavan-product

## Timeline

- **2026-07-13**: Press release issued — Bitmine publicly announced its updated crypto and cash treasury figures.
- **2026-07-12**: Holdings snapshot date — Bitmine calculated its portfolio as of 5pm ET on this date, reporting 5.77M ETH and total holdings of $11.3B.
- **2026-07-01**: Robinhood Chain L2 mainnet launch — Robinhood launched its Arbitrum‑based Layer 2, with ETH as native gas; it quickly surpassed $1B in volume and became the top DEX.
- **2026-06-26**: BMNR added to Russell 1000 — Bitmine was included in the Russell 1000 Large‑cap Index during its annual reconstitution, expected to bring 18‑20% passive fund ownership.

## Recent coverage (3 stories, network-wide)

### Bitmine's $11.6B Crypto Treasury: 5.81M ETH Stake Signals Market Confidence
2026-08-10 18:38:00 · Sector: finance · Sentiment: Positive · Impact: 6/10 · Sources: 2

Bitmine Immersion Technologies reported a $11.6 billion crypto and cash treasury, fueled by 5.81 million staked ETH. The company is aggressively buying back shares, signaling management's view that the stock is undervalued as macro winds shift in crypto's favor.
Full story: https://getfinancebrief.com/story/bitmine-11-6b-treasury-eth-buyback

### Bitmine Now Controls 4.8% of ETH Supply With a $11.3B Treasury
2026-07-14 00:39:23 · Sector: crypto · Sentiment: Positive · Impact: 8/10 · Sources: 4

Bitmine Immersion Technologies (BMNR) disclosed holding 5.77M ETH—4.8% of the total supply—plus $11.3B in combined assets. Staked ETH via MAVAN accounts for $9B, while the company touts Robinhood Chain’s L2 success as a catalyst for ETH as money.
Full story: https://getcryptobrief.com/story/bitmine-eth-4-8-percent-supply-11-3-billion-treasury

### Bitmine's $11.3B Crypto Treasury: 4.8% of All ETH and Russell 1000 Boost
2026-07-14 00:37:11 · Sector: finance · Sentiment: Positive · Impact: 8/10 · Sources: 4

Bitmine Immersion Technologies reveals a $11.3 billion crypto-heavy balance sheet, holding 5.77 million ETH. With 85% of its ETH staked and recent Russell 1000 inclusion, the company's strategic accumulation may significantly boost demand from passive funds and redefine its market valuation.
Full story: https://getfinancebrief.com/story/bitmine-11-3b-eth-holdings-russell-1000

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This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getyourbrief.com/guides/methodology for the full editorial methodology.