Bitmine's net loss for fiscal year 2026 was approximately $6.3 billion.

On November 11, disclosures in the Form 10-K filed with the SEC by Bitmine Immersion Technologies (NYSE: BMNR) for the fiscal year ending August 31, 2026, revealed that the company reported a net loss of approximately $6.3 billion, primarily driven by unrealized losses of about $6.2 billion from fair value changes in digital assets.

During the same period, the company's revenue totaled approximately $124.8 million, with staking and verification revenue accounting for roughly $121.4 million, or about 97%. As of the fiscal year-end, the company held 5,901,837 ETH with a fair value of approximately $14.559 billion (representing roughly 4.9% of the circulating supply), alongside 211 BTC and approximately $545.1 million in cash and cash equivalents. The company has transitioned from Bitcoin mining operations to an Ethereum vault and staking strategy, completing the acquisition of Pier Two Holdings to support the operations of the MAVAN staking platform.