Tom Lee’s BitMine reports $328 million in profit, prepares to launch MAVAN Ethereum staking next year
Key Takeaways
- BitMine reported a net income of $328 million for fiscal year 2025 and will pay its first annual dividend.
- BitMine aims to launch its Made-in-America Validator Network for Ethereum staking in early 2026.
Share this article
BitMine Immersion delivered robust FY25 results, including more than $328 million in net income and EPS of $13.39, while unveiling major strategic developments.
The firm will begin Ethereum staking through its new MAVAN infrastructure in Q1 2026, following pilot tests with leading institutional staking providers.
BitMine also declared its first-ever dividend of $0.01 per share, the first such move by any large-cap crypto company, reinforcing its commitment to shareholder value.
The company continues to build long-term ETH reserves and remains supported by prominent investors including ARK, Founders Fund, and Pantera.