Cointelegraph reports that Bitmine recorded a $6.3 billion net loss for fiscal 2026, primarily due to $6.2 billion in unrealized losses on digital assets. As of Sunday, Bitmine held 6.07 million ETH, representing 4.97% of the total Ether supply. This financial downturn coincides with a decline in Ether prices, impacting the company's asset valuation significantly.
Based on the Cointelegraph report; not independently verified.
Source published: Wed, 11 Nov 2026 09:58:15 +0000
[Read the original report](https://cointelegraph.com/news/bitmine-6b-net-loss-eth-treasury-holdings?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
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