BitMine posts $83.6 million net loss on $45.7 million staking revenue for quarter to May 31

BitMine's quarterly report for the three months ended May 31, 2026 showed revenue of $46.5 million, of which $45.7 million came from staking and validation, up from none a year earlier. The company posted a net loss of $83.6 million, against $0.6 million a year earlier, mainly from a $15.4 million unrealized loss on digital assets. Digital assets were carried at $10.87 billion at quarter end.

• Revenue $46.5 million; staking and validation $45.7 million
• Net loss $83.6 million versus $0.6 million a year earlier
• Unrealized loss on digital assets $15.4 million
• Digital assets at fair value $10.87 billion on May 31, 2026