Ethereum
Bitmine posts $6.3B net loss for fiscal 2026 as Ether prices slide
Cointelegraph·November 11, 2026·1 min read
Bitmine posted a $6.3 billion net loss for fiscal 2026 as Ether prices slid, including $6.2 billion in unrealized losses on digital assets. The company held 6.07 million ETH on Sunday, representing 4.97% of Ether's supply. The decline in Ether's value significantly impacted Bitmine's financial results.
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