According to calculations by CryptoSlate based on BitMine's annual report and previous nine-month financial statements filed on November 10, the company's net income for the June-to-August quarter was approximately $2.8 billion, driven primarily by unrealized valuation gains on digital assets. During the same period, operating activities still recorded a net outflow of about $17.56 million. For the full fiscal year ended August 31, the company posted a net loss of approximately $6.3 billion. The quarterly figures are media-calculated differences, and book gains do not equal cash inflows.