Bitmine Reports $6.3B Net Loss as Ether Plunges 44% During Fiscal Year
Bitmine Immersion Technologies reported a $6.23 billion unrealized loss on its cryptocurrency holdings during its 2026 fiscal year, as a steep decline in ether’s price weighed heavily on the company’s rapidly expanding digital asset treasury. According to its annual filing with the SEC, Bitmine recorded a net loss of…
Read it in your languageMachine translation by Google of the publisher's page
More in Finance
From the blog
Kraken’s xStocks crosses $1.1B amid rapid European growth
Kraken's xStocks platform surpasses $1.1 billion in assets under management following a major European expansion that adds over 200 UK…
Yuki Yamamoto3 min read
CoreWeave Rises 14% to Ignite Rebound in AI Stocks
CoreWeave shares jumped as much as 14% in premarket trading on Wednesday after the AI cloud infrastructure provider delivered a…
Yuki Yamamoto2 min read
OKXICE Set to Roll Out Tokenized Stocks Alongside Strategy, Coinbase, and Circle
OKXICE will launch its blockchain-powered securities trading platform on November 23, offering 24/7 trading of over 70 tokenized assets, including…
Yuki Yamamoto2 min read