Wall Street legend's firm reports $3.8 billion in quarterly loss

Apr 15, 2026 3:56 PMPublished Apr 15, 2026 3:56 PM

Bitmine Immersion, chaired by Wall Street legend Tom Lee, declared its uplisting to the NYSE a "major milestone" even as the company reported a $3.8 billion quarterly loss and its stock plummeted 60%. Is celebrating a listing truly a "milestone" when your investors are bleeding billions?
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Bitmine posts quarterly loss, driven by unrealized digital asset losses.

www.thestreet.comWall Street legend's firm reports $3.8 billion in quarterly lossBitmine posts quarterly loss, driven by unrealized digital asset losses.

Earnings •Tom Lee Ethereum •Bitmine

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