[BitMine: Currently Staked 408,627 ETH, MAVAN Planned to Launch in Q1] Odaily Planet Daily News – Ethereum treasury company BitMine announced on the X platform that as of December 28, it has staked 408,627 ETH, valued at approximately $1.2 billion based on a price of $2,948 per ETH. BitMine also disclosed that it is currently developing a U.S.-based Ethereum validator network called MAVAN, described as a custom infrastructure designed specifically for native Ethereum staking, with plans for a full launch in the first quarter of 2026.