For instance, BitMine has disclosed its plans to become “the first large-cap cryptocurrency company to declare annual dividends.” This announcement came as the Ethereum treasury firm released its fiscal year results on Friday, November 21.
The Ethereum treasury company intends to pay an annual dividend of $0.01 per BMNR share, as it looks to return some value to shareholders amid the weakening crypto market. According to the press release, the payable date for the dividend is set at December 29, 2025, with BitMine’s next shareholder meeting to be held in January 2026.
BitMine’s Chairman, Tom Lee, said in the release:
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.
The BMNR stock is currently valued at around $26, reflecting an over 25% decline in the past week. Meanwhile, the share price is significantly away from its 2025 high of $135, reached shortly after Bitmine announced its Ethereum acquisition strategy.
The industry-wide struggles of these digital asset treasuries can be attributed to the pullback of the crypto market in the second half of the year, especially in the fourth quarter. While the price of Ethereum continues to show weakness, recently falling to around $2,650, BitMine’s chairman believes that a market recovery is inevitable.
As of a Thursday report, the unrealized losses of BitMine’s Ethereum holdings were nearing $4 billion. Notably, the DAT company holds roughly 3.55 million ETH tokens—worth about $10 billion—acquired at an average cost of around $3,120.
