BitMine has announced the launch of the Made in America Validator Network (MAVAN), a new U.S.-based Ethereum staking initiative. This project is designed to bolster BitMine's presence in the Ethereum ecosystem through strategic partnerships and pilot tests, with full staking operations anticipated to commence in early 2026. Despite facing $4 billion in unrealized losses and an 84% decline in its share price since July, BitMine is actively accumulating Ethereum. Co-founder Tom Lee has described the current market downturn as a 'golden opportunity' for the company.