USBC Reports Q3 Net Income of $4.9 Million
USBC reported $4.9 million in net income for the third quarter of 2026, reversing a $12.4 million loss in the prior period. The result included a $25.7 million non-cash gain from Bitcoin treasury holdings; operating revenue was zero. The company reported a $41.4 million loss for the first nine months of the year.
USBC, Inc. announced its financial results for the third quarter of 2026, reporting a net income of $4.9 million. This result represents a reversal from the $12.4 million loss reported in the prior period, primarily attributed to a $25.7 million non-cash gain from the company's Bitcoin treasury holdings. Despite the net income, the company reported zero operating revenue for the quarter.
For the first nine months of the year, the company accumulated a loss of $41.4 million, which management attributed to ongoing platform investments, stock-based compensation, and credit-loss charges.