BitMine $328M profit, first dividend & Ethereum staking
BitMine, the largest publicly traded Ethereum holder, posted a net profit of $328.16 million in fiscal year 2025, with diluted EPS of $13.39. The company declared its first annual dividend of $0.01 per share, marking a milestone for major crypto firms. At year-end, BitMine’s combined crypto assets and cash totalled $11.8 billion.
Looking ahead, BitMine will launch its Made-in-America Validator Network (MAVAN) for institutional Ethereum staking in Q1 2026. The pilot phase involves three leading service providers. The long-term goal is to capture 5% of the ETH network staking market and expand ETH reserves. Backed by investors like ARK Invest, Founders Fund, and Pantera, BitMine aims to boost shareholder value and strengthen its position in the Ethereum ecosystem.
Ethereum staking through MAVAN could increase institutional demand for ETH and support network security. Traders should watch the dividend policy and MAVAN rollout for potential bullish catalysts on ETH trading.
Bullish
The launch of MAVAN for Ethereum staking and the introduction of a dividend by BitMine signal increasing institutional demand for ETH and growing confidence in staking returns. Positive earnings and a structured staking infrastructure should enhance market liquidity and attract long-term investors. Historically, major staking announcements have led to bullish momentum for ETH. In the short term, the dividend payout may support positive sentiment among shareholders, while over the long term, MAVAN’s targeted 5% network market share and expanded ETH reserves are likely to underpin sustained Ethereum price growth.