Home » Business » Tom Lee’s BitMine reports $328M in profit, prepares to launch MAVAN Ethereum staking in Q1 2026
BitMine becomes first large-cap crypto company to offer dividends while expanding its Ethereum footprint through strategic staking initiatives.
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.
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BitMine Immersion, the leading Ethereum treasury company led by Thomas “Tom” Lee, reported a strong fiscal 2025, posting $328 million in net income and fully diluted EPS of $13.39, according to a Friday press release.
The firm will begin Ethereum staking through its new MAVAN infrastructure, a Made-in-America Ethereum validator network, in Q1 2026, following pilot tests with leading institutional staking providers. The move will expand its strategy beyond accumulation by putting its growing ETH holdings to work through secure, US-based staking.
BitMine also declared an annual dividend of $0.01 per share, establishing itself as the first large-cap crypto firm to pay a dividend.
Backed by investors like ARK, Founders Fund, and Pantera, BitMine continues to build its long-term Ethereum position. Its holdings have surpassed 3.5 million ETH, and blockchain data suggests the firm has been quietly adding more during recent market turbulence.
