Shen Chao TechFlow News, April 15th, according to The Block, Ethereum asset management company Bitmine reported a quarterly net loss of 3.8 billion USD as of February 28, 2026, mainly due to unrealized losses on its digital assets. As of April 12th, Bitmine held 4.87 million ETH, approximately 4.04% of the total ETH supply worldwide, with an average purchase price of $2,206 per ETH, aiming to control 5% of the global ETH supply.
The company’s report shows that the quarter’s revenue was $11.04 million, of which about $10 million came from ETH staking rewards. Bitmine has staked 3.33 million ETH, accounting for 68% of its total holdings, with an expected annualized income of up to $212 million. Additionally, the company holds $719 million in cash, 198 Bitcoin, and investments in Beast Industries and Eightco Holdings.
Bitmine 四半期純損失は38億ドルに達し、保有するイーサリアムの総量は世界供給の超過4％を占める
Shen Chao TechFlow News, April 15th, according to The Block, Ethereum asset management company Bitmine reported a quarterly net loss of 3.8 billion USD as of February 28, 2026, mainly due to unrealized losses on its digital assets. As of April 12th, Bitmine held 4.87 million ETH, approximately 4.04% of the total ETH supply worldwide, with an average purchase price of $2,206 per ETH, aiming to control 5% of the global ETH supply.
The company’s report shows that the quarter’s revenue was $11.04 million, of which about $10 million came from ETH staking rewards. Bitmine has staked 3.33 million ETH, accounting for 68% of its total holdings, with an expected annualized income of up to $212 million. Additionally, the company holds $719 million in cash, 198 Bitcoin, and investments in Beast Industries and Eightco Holdings.