News2026-11-12 11:27 UTC

Bitmine reports $6.3 billion loss as Ether price drops 44%

Bitmine posted a net loss above $6.3 billion for the fiscal year ended August 31 after Ether fell about 44%, with staking revenue of $124.8 million and holding roughly 4.97% of Ether's supply.

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Bitmine reports $6.3 billion loss as Ether price drops 44% · Coin News Pot