[Bitmine Quarterly Net Loss of $3.8 Billion, Ethereum Holdings Exceed 4% of Global Supply] Bitmine reported a quarterly net loss of $3.8 billion for the period ending February 28, 2026, primarily due to unrealized losses on digital assets. As of April 12, Bitmine held 4.87 million Ethereum ($ETH), accounting for 4.04% of the global supply, with an average purchase price of $2,206 per token. The company aims to control 5% of the global supply. Quarterly revenue totaled $11.04 million, approximately $10 million of which came from Ethereum staking rewards. A total of 3.33 million Ethereum, representing 68% of its holdings, has been staked, with an expected annualized income of $212 million. The company also holds $719 million in cash, 198 Bitcoin ($BTC), and has investments in Beast Industries and Eightco Holdings.