BitMine Reports $328M Profit, Plans Ethereum Staking Launch
- BitMine Immersion, led by Thomas “Tom” Lee, reported a net income of $328 million for fiscal year 2025.
- The company will pay its first annual dividend of $0.01 per share, marking it as the first large-cap crypto firm to do so.
- BitMine plans to launch its Made-in-America Validator Network (MAVAN) for Ethereum staking in early 2026.
- The firm holds over 3.5 million ETH and continues to expand its Ethereum position despite market volatility.
- Backed by investors such as ARK, Founders Fund, and Pantera, BitMine is enhancing its strategy beyond accumulation with secure US-based staking.
BitMine Immersion’s strong fiscal performance in 2025 with a net income of $328 million sets the stage for its upcoming Ethereum staking initiative through MAVAN in Q1 2026. The firm also announced a pioneering dividend payout among large-cap crypto companies.
Source (3.2)https://cryptobriefing.com/ethereum-staking-launch-bitmine/?rand=59535