As the year draws to a close, the Digital Asset Treasuries (DAT) sector has seen its initial euphoria give way to a certain resignation in the face of less-than-impressive results. Despite this, BitMine, the leader in Ethereum Treasuries, has just announced that it will pay dividends to its shareholders.
BitMine Announces Dividend Payment
Looking back over the final months of the year, 2025 could be summed up as a series of “pump-and-dump” schemes orchestrated by the many publicly traded companies that have become Digital Asset Treasuries (DATs). This was a way to deliver an explosive—but clearly short-lived—stock market resurgence to moribund stocks through the strategic holding of cryptocurrencies.
Indeed, the sharp rallies triggered by these official announcements are now giving way to equally significant declines, to the point of almost completely erasing, in some cases, the annual returns associated with this new corporate business model.
In this landscape, certain giants stand out, such as the iconic Strategy for Bitcoin and, relatively speaking, the company Bitmine for Ethereum. Indeed, the latter holds more than 3.6 million Ethers, valued at $10.5 billion at the current ETH price.
Top 5 Current Ethereum Treasuries
This position appears to allow its CEO, Tom Lee, to remain confident, despite a crypto market that “continues to suffer due to declining liquidity and market conditions since October 10.” And for good reason: he has just announced the scheduled payment of dividends to BMNR shareholders.
BitMine continues to execute its strategy at the highest level. The company is well-positioned for 2026, and we look forward to launching ETH staking with our MAVAN—or Made in America Validator Network—early next year.
Tom Lee
A jackpot of… $0.01 per share
According to the official financial statements filed by the company, BitMine reportedly recorded an estimated net income of just over $328 million for fiscal year 2025. As a result, it announced a fully diluted EPS (earnings per share) for this period of $13.39 per share.
This situation allows Bitmine to position itself as “the first major crypto company to declare an annual dividend” due to its commitment to “creating value for shareholders.” It’s all very well said, but it hides a more mundane reality, since the dividend paid amounts to… $0.01 per share.
To put this into perspective, a Bitmine shareholder holding a portfolio of 1,000 BMNR shares—currently valued at just over $31,000—will receive a dividend payment of a mere $10. Let’s just hope they didn’t buy their shares at the peak on July 3 at $135, otherwise they’re unlikely to recoup their $104,000 loss.
This announcement from Bitmine is accompanied by a spotlight on its ETH staking program called MAVAN—short for Made in America Validator Network—which is currently being tested with several pilot partners.
It also comes with a promise from CEO Tom Lee that cryptocurrency prices will rebound quickly, following the pattern of the “post-FTX liquidity shock of 2022, which took eight weeks to resolve.”
