【1810】Xiaomi's Lin Bin reportedly invests in NFL's Miami Dolphins, valued at $12.5 billion

SocialAnxietyStaker · 2026-03-04T02:17:04+00:00

Xiaomi Vice Chairman Lin Bin acquires a 1% stake in the Miami Dolphins for $12.5 billion, including F1 racing events and stadium assets. The deal is subject to NFL approval. Lin Bin plans to sell no more than $2 billion worth of shares annually starting in 2026 to invest in funds.

SocialAnxietyStaker

2026-03-04 02:17:04

Abstract generation in progress

Bloomberg, citing sources, reported that Xiaomi (1810) co-founder and Vice Chairman Lin Bin has reached an agreement to acquire a 1% stake in the Miami Dolphins for $1.25 billion.

After the transaction is completed, Lin Bin will hold a 1% stake in Miami Dolphins Holdings. The related assets also include the Formula 1 Miami Grand Prix and Hard Rock Stadium in South Florida.

Lin Bin’s investment in the Miami Dolphins requires approval from the National Football League (NFL), with at least 24 team owners’ consent needed. The league’s next meeting is scheduled for the end of March in Phoenix.

The Miami Dolphins are currently owned by American billionaire developer Stephen Ross, who in 2024 sold a 13% stake in the team at an estimated value of about $800 million.

In late December last year, Xiaomi announced that Lin Bin informed them of his plan to sell no more than $500 million (about HKD 3.9 billion) worth of Class B ordinary shares annually starting from December 2026, with total sales not exceeding $2 billion (about HKD 15.6 billion). The proceeds will mainly be used to establish an investment fund company.

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