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Bitmine reports $6.3 billion net loss in latest fiscal year, driven by 44% ether decline

The Block·November 11, 2026·1 min read
Bitmine reports $6.3 billion net loss in latest fiscal year, driven by 44% ether decline

Bitmine reported a $6.3 billion net loss for its latest fiscal year, driven by a 44% decline in ether. Nearly $6.23 billion of the losses came from unrealized fair value losses on digital asset holdings, according to its SEC filing.

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