Ethereum treasury firm Bitmine reports $3.8 billion Q1 loss in latest filing

Ethereum treasury firm Bitmine reports $3.8 billion Q1 loss in latest filing

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailEthereum treasury firm Bitmine reports $3.8 billion Q1 loss in latest filingThe largest corporate ether holder posted a $3.8 billion quarterly loss as its pivot from mining to ETH accumulation continues.By Shaurya MalwaUpdated Apr 15, 2026, 7:11 a.m. Published Apr 15, 2026, 6:17 a.m. Make preferred on What to know: Bitmine Immersion Technologies has rapidly transformed from a mining firm into a leveraged Ethereum treasury, doubling its share count in six months and raising more than $10 billion to accumulate nearly 5% of all ether.The company now holds 4.87 million ether at an average cost of $2,206 per token, making it the largest corporate etherholder, but it reported a $3.8 billion quarterly net loss driven by fair-value accounting an

Source: https://www.coindesk.com/markets/2026/04/15/ethereum-treasury-firm-bitmine-reports-usd3-8-billion-q1-loss-in-latest-filing