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BitMine Pivots to Ethereum Staking, Eyes 5% Global Supply

CryptoDnes·July 15, 2026·1 min read
BitMine Pivots to Ethereum Staking, Eyes 5% Global Supply

BitMine reported $46.5M in revenue as it shifts from mining to Ethereum staking via its MAVAN platform. The company now holds 4.8% of the total ETH supply and aims to reach 5% global supply, marking a strategic pivot in cryptocurrency operations.

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