𝐁𝐢𝐭𝐌𝐢𝐧𝐞 𝐏𝐨𝐬𝐭𝐬 𝐇𝐢𝐠𝐡𝐞𝐫 𝐒𝐭𝐚𝐤𝐢𝐧𝐠 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐚𝐬 𝐄𝐓𝐇 𝐓𝐫𝐞𝐚𝐬𝐮𝐫𝐲 𝐐𝐮𝐚𝐫𝐭𝐞𝐫𝐥𝐲 𝐋𝐨𝐬𝐬 𝐇𝐢𝐭𝐬 $𝟑.𝟖 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 🚨 BitMine posted a $3.8 billion quarterly loss after recording large unrealized markdowns on its Ethereum holdings, according to its latest filing. Even so, revenue climbed 633% year over year to $11 million, driven mainly by $10.2 million in staking income. The company now holds about 4.87 million ETH, or more than 4% of Ethereum’s circulating supply, as it keeps building its treasury strategy. 📉⚡ #BitMine #Ethereum #ETH #ETHStaking #CryptoTreasury #AI #AINews #AnalyticsInsight #AnalyticsInsightMagazine Read More 👇 https://t.co/YZTnVxhcYN
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