Bitmine Posts $6.3B Net Loss For Fiscal 2026
Bitmine booked $6.2 billion in unrealized losses on digital assets amid declining Ether prices, holding over 6 million ETH.
Bitmine swung to a $6.3 billion net loss in fiscal 2026 as Ether prices fell, according to Cointelegraph. The company booked $6.2 billion in unrealized losses on digital assets during the period.
Revenue Breakdown
Instant Telegram notifications for large on-chain moves.
Despite the broader portfolio decline, staking and validation operations brought in $121.4 million of the company's $124.8 million in total revenue for fiscal 2026.
Treasury Holdings
According to data cited by Cointelegraph, Bitmine held 6.07 million $ETH on Sunday. This treasury stake represents 4.97% of the total circulating supply of Ether.
Key facts
- Bitmine posted a $6.3 billion net loss in fiscal 2026.
- The company booked $6.2 billion in unrealized losses on digital assets.
- Total revenue reached $124.8 million, with staking and validation contributing $121.4 million.
- Treasury holdings stood at 6.07 million $ETH on Sunday, representing 4.97% of Ether's supply.
Source: cointelegraph.com
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
