BitMine just dropped a bombshell: $328M profit and a shiny new MAVAN for ETH staking in Q1 2026. Because why just hoard crypto when you can make it work for you? 💼✨
So, BitMine, the crypto treasury darling, decided to spice things up. They’re not just stacking Ether and Bitcoin like a dragon hoarding gold-now they’re launching the “Made in America Validator Network” (MAVAN). 🦅🇺🇸 Because nothing says innovation like staking your massive ETH pile. Bold move, BitMine, bold move.
MAVAN: Coming to a Blockchain Near You in 2026 🚀
Apparently, BitMine is already test-driving MAVAN with three staking providers. You know, just a little pre-launch warm-up before the big debut in Q1 2026. Because who doesn’t love a good pilot program? 🛩️
BitMine Immersion – Earnings: EPS $13.39, Net Income $328 Million, Dividend Announced
Price Targets: $40.36, $56.05
BMNR will be staking ETH in 1Q26.
BMNR is showing some minor price stabilization today, but overall has been in a downtrend.
The first target is to…
– Donald Dean (@donaldjdean)
Staking tokens? Oh, it’s just the hottest way to secure Proof-of-Stake blockchains while raking in rewards. 🤑 And in this case, those rewards are sweet, sweet ETH. Because who doesn’t love free money? (Well, almost free. Blockchain ain’t cheap.)
Related Reading: BTC News: Bitcoin Dips Below $90K – BitMine and Bitwise Execs Say It’s Just a Blip | Live Bitcoin Drama
BMNR (BitMine’s ticker, for the uninitiated) is flexing with an EPS of $13.39 and a net income of $328M. Oh, and they’re throwing a dividend party too. 🎉 Price targets? $40.36 and $56.05. But let’s not forget, their stock’s been on a rollercoaster lately. Downtrend, schdowntrend-they’re aiming for that $40 mark like it’s the last slice of pizza. 🍕
BitMine Immersion, led by Wall Street’s Thomas Lee, is basically the Ethereum kingpin with over 3.5M ETH. But hey, even kings have their problems-like $4B in unrealized losses. Ouch. 😬 Still, they’re betting big on ETH at $2,749.31. Bold? Yes. Risky? Absolutely. Iconic? We’ll see.
Dividends and ETH Staking: BitMine’s New Power Move 💪
So, BitMine’s not just sitting on their ETH pile-they’re putting it to work with MAVAN. And get this: they’re paying a dividend. A whole 1 cent per share. 🪙 Groundbreaking? Maybe. A PR stunt? Probably. But hey, it’s a first for crypto giants.
Backed by big names like ARK, Founders Fund, and Pantera, BitMine’s doubling down on Ethereum. They’ve been quietly scooping up more ETH during the market chaos. Confidence? Or just a really expensive gamble? 🤔
And let’s not forget MAVAN, their shiny new ETH staking service launching in 2026. They’re testing it with three big staking providers because, you know, safety first. Or maybe they just like having options. 🛡️
BitMine’s strategy? Diversify, baby. Bitcoin mining, consulting, ETH staking-they’re throwing everything at the wall to see what sticks. But with $4B in unrealized losses and a stock that’s been taking a beating, it’s a high-wire act. 🎪 Will they stick the landing? Only time will tell.
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2025-11-21 22:58