Fortitude Mining Company Reports $20.9 Million in Revenue in 2026, Plans to Merge and List with HeartSciences
2026-08-20 20:25:26
According to CoinMeta, Wu said that DCG's mining company Zcash, Fortitude, officially disclosed that its revenue in the second quarter of 2026 was 20.9 million US dollars, with an adjusted EBITDA of 8.5 million US dollars and a net loss of 9.5 million US dollars. The company also provided for a depreciation of mining equipment amounting to 10.3 million US dollars. During this period, approximately 33,646 ZEC were mined, with an average operating computing power of 4.0 Gsol/s. The controlled power capacity of its 7 sites exceeded 60 MW. Fortitude is currently advancing its listing process through a proposed business merger with Nasdaq-listed medical technology company HeartSciences ( HSCS ), with the transaction expected to be completed in the second half of 2026.
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