Bitmine Immersion Technologies Reports $3.82B Quarterly Loss Despite Revenue Surge to $11M
Bitmine Immersion Technologies (BMNR) reported a $3.82 billion net loss for Q1 2026, primarily from unrealized digital asset losses. Despite this, it continues to accumulate Ethereum, now holding 4.87 million ETH worth $10.7 billion. Quarterly revenue increased to $11.04 million, mainly from staking rewards.
ETH-2.81%
GateNews·1h ago

