FutureNews wire, 7 h ago

Bitmine reports $6.3 billion net loss in latest fiscal year, driven by 44% ether decline

Reported by The Block

Image: The Block

According to its SEC filing, nearly $6.23 billion of the net losses came from unrealized fair value losses on digital asset holdings.

The Block writes

Enjoying this? Get the Future brief

Every Saturday: the future of money, without the hype.

✓ Free · seven editions · one click to leave

Topics
Story continues on The BlockAdd us as a preferred source on GoogleSee our stories first in Google’s Top Stories.
Get alerts on big newsOnly the big news, at most once a day. No email, no account.