BitMine Reports $3.82 Billion Quarterly Loss as Ethereum Bet Weighs Heavy
BitMine Immersion Technologies (BMNR) reported a internet lack of $3.82 billion for its fiscal quarter ended February 28, 2026, in comparison with simply $1.16 million in the identical interval a yr in the past. The losses stem nearly completely from unrealized markdowns of $3.78 billion on the corporate’s Ethereum (ETH) treasury, which has grown to…
