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BitMine made $46 million staking Ethereum then lost twice that betting on it
By Oluwapelumi Adejumo at 2026-07-15 14:35
Sentiment: Negative
BitMine's push to turn one of the world's largest corporate Ethereum holdings into a source of recurring income generated nearly $46 million from staking last quarter. Yet a $92.1 million options loss overwhelmed those gains, while rising treasury costs and aggressive share issuance further weakened the economics for existing shareholders. For the fiscal third quarter […] The post BitMine made $46 million staking Ethereum then lost twice that betting on it appeared first on CryptoSlate. Continue reading...
Categories: Digital Asset Treasuries
Tags: #Digital Asset Treasuries #Featured #Market #Staking #TradFi #BitMine #ETH #ethereum #staking
Source CryptoSlate