Tom Lee’s BitMine reports $328 million in profit, prepares to launch MAVAN Ethereum staking next year
Crypto Briefing
BitMine reported $328 million in FY25 net income and will launch its MAVAN Ethereum staking network in early 2026.Summary
BitMine Immersion announced strong fiscal year 2025 results, achieving a net income exceeding $328 million and an EPS of $13.39. The company also declared its first-ever dividend of $0.01 per share, marking a significant move for a large-cap crypto company committed to shareholder value. Strategically, BitMine is preparing to enter Ethereum staking through its new Made-in-America Validator Network (MAVAN) infrastructure, with a planned launch in the first quarter of 2026, following pilot tests with institutional providers. The firm continues to accumulate long-term ETH reserves and maintains support from major investors like ARK, Founders Fund, and Pantera.
(Source：Crypto Briefing)