# MAVAN

Type: Product

Source: Crypto Intelligence Brief — https://getcryptobrief.com/entity/mavan-product
Canonical HTML page: https://getcryptobrief.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 (1 stories)

### Bitmine Now Controls 4.8% of ETH Supply With a $11.3B Treasury
2026-07-14 00:39:23 · Sentiment: Bullish · 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

---
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://getcryptobrief.com/guides/methodology for the full editorial methodology.