陈剑Jason|Nov 22, 2025 08:40
Today, when Bitmine's ETH holdings suffered a loss of $3.7 billion on paper, it released its 2025 fiscal year report to give everyone a boost, with a net profit of $320 million, and will become the first cryptocurrency listed company to distribute dividends to shareholders. Does it sound good? But let's talk about something heart wrenching, because companies in the US stock market can freely choose any month and the next 12 months as their fiscal year, and Bitmine's fiscal year is set on September 1st every year, which means the content of this report ends on August 31st. On that day, the price of ETH was $4373, and today the report was released, it was $2730. This blood is expired
Additionally, there are two interesting things. Bitmine, as an ETH treasury, looked at its revenue source of $320 million, mainly from selling BTC mining machines, which is the hard-earned money from Bitcoin. It lost 10 times on Ethereum
In addition, the plan is to develop its own ETH staking service next year and cater to Trump's launch of the "Made in America Validator Network", which means that all nodes will run in the United States, allowing ETH to start Made in America.
According to Bitmine's goal of buying a total of 5% ETH, we are still far from it. Although Tom Lee was mocked and mocked for having fun in the picture, we still sweat for him. After all, if these various xx micro strategy companies can't hold up and start selling coins, then this is really a truck after truck dumping
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