BitMine reported a net loss of $6.313 billion in fiscal year 2026, impacted by unrealized losses from digital assets.

BitMine's annual report filed with the U.S. Securities and Exchange Commission on November 10th shows that for the fiscal year ending August 31, 2026, the company's revenue was approximately $125 million, with a net loss of approximately $6.313 billion. The loss primarily stemmed from unrealized losses on digital asset holdings, amounting to approximately $6.229 billion. During the period, revenue from staking and verification services was approximately $121 million, accounting for approximately 97% of total revenue. As of August 31, 2026, BitMine held 5.9018 million ETH, with a fair value of approximately US$14.559 billion, representing about 4.9% of the circulating supply of ETH at that time; it also held 211 BTC and cash and cash equivalents of approximately US$545 million.