{"id":686630,"date":"2026-11-11T10:52:43","date_gmt":"2026-11-11T10:52:43","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/11\/11\/bitmine-posts-6-3b-net-loss-for-fiscal-2026-as-ether-prices-slide\/"},"modified":"2026-11-11T10:52:43","modified_gmt":"2026-11-11T10:52:43","slug":"bitmine-posts-6-3b-net-loss-for-fiscal-2026-as-ether-prices-slide","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/11\/11\/bitmine-posts-6-3b-net-loss-for-fiscal-2026-as-ether-prices-slide\/","title":{"rendered":"Bitmine posts $6.3B net loss for fiscal 2026 as Ether prices slide"},"content":{"rendered":"

\"Bitmine<\/p>\n

Bitmine booked $6.2 billion in unrealized losses on digital assets. It held 6.07 million ETH on Sunday, or 4.97% of Ether\u2019s supply.<\/p>\n

Bitmine Immersion Technologies reported a $6.3 billion net loss for the fiscal year ended Aug. 31, driven largely by falling Ether (ETH<\/a>) prices.<\/p>\n

The company recorded a $6.2 billion unrealized loss on its digital assets, according to the Form 10-K it filed<\/a> Tuesday. Bitmine posted a $348.6 million net profit the previous fiscal year.<\/p>\n

Bitmine reported $15.4 billion in total assets and $33.7 million in liabilities at fiscal year-end. It held 5.9 million Ether worth $14.6 billion. Assets also included $545 million in cash and cash equivalents, 211 Bitcoin (BTC<\/a>) valued at $16.6 million, $186 million in Beast Industries shares and $77 million in Eightco Holdings shares.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Bitmine booked $6.2 billion in unrealized losses on digital assets. It held 6.07 million ETH on Sunday, or 4.97% of Ether\u2019s supply. Bitmine Immersion Technologies reported a $6.3 billion net loss for the fiscal year ended Aug. 31, driven largely by falling Ether (ETH) prices. The company recorded a $6.2 billion unrealized loss on its […]<\/p>\n","protected":false},"author":1,"featured_media":686631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-686630","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/686630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=686630"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/686630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/686631"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=686630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=686630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=686630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}