$BTC
Reclassification of previous hosting activities. The balance sheet and liquidity The company reported total assets of $8.26 million, representing a 75.3% year-over-year increase. The growth was driven by a 195% increase in cash and cash equivalents (from $499,270 to $1.47 million) and a tenfold increase in cryptocurrency holdings, now at $173,916. While cryptocurrency still represents a modest share of assets in the current quarterly report, the increase reflects Bitmine's changes to its treasury strategy. On the liability side, total liabilities decreased by 36.6% year-over-year to $396,349, indicating that the company continues to operate with minimal leverage. Some quick calculations: the current ratio stands at 3.99x and the quick ratio is ~ 3.72x. Both indicate a sufficient liquidity buffer, with minimal leverage or financial pressure in the near term. #DYMBinanceHODL #NFPWatch
