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Crypto

Bitmine Reports $6.3B Net Loss as Ether Plunges 44% During Fiscal Year

Bitmine Immersion Technologies reported a $6.23 billion unrealized loss on its cryptocurrency holdings during its 2026 fiscal year, as a steep decline in ether’s price weighed heavily on the company’s rapidly expanding digital asset treasury. According to its annual filing with the SEC, Bitmine recorded a net loss of $6.31 billion for the fiscal year […]

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Crypto

PNC lets businesses accept USDC without keeping the crypto

Eligible corporate clients can receive dollar deposits through automatic USDC conversion, while broader bank funding effects remain unmeasured. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

CryptoSlate
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