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BitMine posts $2.8B quarterly profit driven by Ethereum gains, but yearly net loss surpasses $6B

CryptoSlateBy Liam 'Akiba' Wright

11/12/2026, 3:20:49 AM

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BitMine posts $2.8B quarterly profit driven by Ethereum gains, but yearly net loss surpasses $6B — Photo / Coverage: CryptoSlateCredit: Liam 'Akiba' Wright

EXECUTIVE SUMMARY

The November 10 filing implies a June–August profit driven by unrealized crypto gains, alongside $17.557 million in operating cash outflow. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

BitMine posts $2.8B quarterly profit driven by Ethereum gains, but yearly net loss surpasses $6B.
The November 10 filing implies a June–August profit driven by unrealized crypto gains, alongside $17.557 million in operating cash outflow.
Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.

The November 10 filing implies a June–August profit driven by unrealized crypto gains, alongside $17.557 million in operating cash outflow. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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