MiniMax’s H1 2026 results show just how quickly the AI business is scaling. Revenue jumped 283.1% year over year to $116.6 million, while Open Platform and other AI-based enterprise services surged 703.1% to $73.9 million, making up 63.4% of total revenue. Gross margin also improved from 12.1% to 17.9%. But there’s another side to the story. Adjusted net loss reached $293 million as MiniMax continues spending heavily on research and development. So the interesting question isn’t whether MiniMax is growing. It clearly is. The bigger question is whether that growth can eventually translate into sustainable profitability. I’m watching MINIMAX-USDT perpetual on BingX closely. #BTC Price Analysis# #Macro Insights#