BitMine Immersion Tech

Q3 FY2026 EarningsQ3 FY26 missed consensus significantly on both top and bottom lines as the company completed its pivot to an ETH-focused model. Revenue of $46.54M fell 39.91% short of the $77.45M expected, while GAAP EPS of -$0.15 missed the $0.1250 consensus. Staking and validation now drive 98% of revenue following the Pier Two acquisition, but results were heavily impacted by a $15.4M unrealized loss on digital assets and a $92.1M loss on derivative contracts.