Trader on Hyperliquid faces $39M loss on $19.91M Bitcoin short with liquidation near.

BitMine reports $6.3B loss on Ethereum drop, challenging ETH's long-term store-of-value case.

BitMine disclosed a $6.3 billion net loss for the fiscal year ending August 2026, mainly due to Ethereum's price drop from over $4,000 to around $2,000 after the October 2025 crash. Despite holding 6.07 million ETH and other assets valued at $14.3 bi...