BitMine Immersion reports $13.39 EPS, declares first crypto dividend

BitMine Immersion Technologies (NYSE AMERICAN: BMNR) reported fiscal 2025 net income of $328.2 million and fully diluted earnings per share of $13.39 for the year ended August 31, 2025.

The company declared an annual dividend of $0.01 per share, with a declaration date of November 21, 2025, ex-dividend date of December 5, 2025, record date of December 8, 2025, and payable date of December 29, 2025. BitMine claims to be the first large-cap cryptocurrency company to declare an annual dividend.

BitMine announced plans to launch its Made-in-America Validator Network (MAVAN) for Ethereum staking in the first quarter of 2026. The company selected three staking providers for a pilot program to test capabilities before scaling its dedicated staking infrastructure.

"BitMine continues to execute at the highest level. The company is well positioned in 2026 and we look forward to commencing ETH staking with our MAVAN, or Made in America Validator Network, in early calendar 2026," said Thomas "Tom" Lee, Chairman of BitMine.

The company will hold its annual shareholder meeting at the Wynn Las Vegas on January 15, 2026. BitMine's operations are located in Trinidad, Pecos, Texas, and Silverton, Texas.

BitMine describes itself as having the largest ETH treasury globally and operates as a Bitcoin and Ethereum network company focused on cryptocurrency accumulation for long-term investment. The company's business lines include Bitcoin mining, synthetic Bitcoin mining, hashrate as a financial product, and advisory services.

The information is based on a company press release statement.

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