Bitmine Reports $3.8 Billion Quarterly Net Loss Due to Unrealized ETH Decline

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Bitmine Immersion Technologies reported a net loss of $3.82 billion for the quarter ended Feb. 28, 2026, according to its 10-Q filing released on Tuesday. This compares to a net loss of $1.15 million in the same period last year. For the six-month period ending Feb. 28, the company’s net loss exceeded $9 billion, significantly higher than the $2.1 million loss recorded in the prior-year period.

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Telemac
Telemachttp://cryptoinfo.ch
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