BitMine lost $6.3 billion in a year—holding crypto also means doing the math on financing.
Its annual report, released this morning, disclosed a net loss of $6.313 billion for fiscal 2026, which ended in August. Of that, $6.229 billion was in unrealized losses on digital assets—don’t mistake that for selling coins today.
In my view, staking can hardly offset falling crypto prices. Next, I’ll be watching financing and dilution from share issuance. Ordinary investors shouldn’t focus only on rankings by holdings. Binance’s $ETH 24-hour drop of 2.33% at 12:41 can’t be directly attributed to the annual report.
https://www.sec.gov/Archives/edgar/data/1829311/000162828026072846/bmnr-20260831.htm
#以太坊 #BitMine
These are my personal views and not investment advice. Which matters more to you: total crypto holdings or crypto holdings per share?
Its annual report, released this morning, disclosed a net loss of $6.313 billion for fiscal 2026, which ended in August. Of that, $6.229 billion was in unrealized losses on digital assets—don’t mistake that for selling coins today.
In my view, staking can hardly offset falling crypto prices. Next, I’ll be watching financing and dilution from share issuance. Ordinary investors shouldn’t focus only on rankings by holdings. Binance’s $ETH 24-hour drop of 2.33% at 12:41 can’t be directly attributed to the annual report.
https://www.sec.gov/Archives/edgar/data/1829311/000162828026072846/bmnr-20260831.htm
#以太坊 #BitMine
These are my personal views and not investment advice. Which matters more to you: total crypto holdings or crypto holdings per share?