Coin Bureau|Nov 12, 2026 04:04
🚨LATEST: Tom Lee’s Bitmine generated $121M in staking revenue but reported $6.3 BILLION in annual losses
Tom Lee's Bitmine generated $121.4 million in staking and validation revenue, accounting for nearly 97% of its total annual revenue, according to its latest 10-K.
The company however posted a $6.31 billion net loss, primarily driven by unrealized losses as ETH fell approximately 44% in the fiscal year.
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