CoinShares reports $51.4 million revenue and $23.9 million net loss for H1 2026

CoinShares (CoinShares PLC) reported $51.4 million in total revenue for the first half of 2026, down from $80 million in the same period last year. The company recorded a net loss of $23.9 million, largely due to unrealized losses from XBT pricing differences and digital asset holdings. Assets under management fell to $5.5 billion from $7.4 billion at the end of 2025. The board plans to seek shareholder approval for a share buyback program at a special meeting on September 15, 2026. Recent developments include the launch of a Bitcoin mining UCITS ETF and the acquisition of Bastion.