Bitmine Reports $3.82B Quarterly Loss Driven by Ethereum Holdings

Bitmine Immersion Technologies posted a $3.82 billion net loss for the quarter ended February 28, 2026, driven almost entirely by unrealized losses on its Ethereum holdings. The loss rose sharply from just $1.15 million a year earlier. Over a six-month period, total net losses crossed $9 billion. The key driver was a $3.78 billion unrealized […] Read The Full Article Bitmine Reports $3.82B Quarterly Loss Driven by Ethereum Holdings On Coin Edition.