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Consensus Mining & Seigniorage Corporation (OTCQX:CMSG) reported strong Q2 2025 financial results, with net income of $6.7 million ($2.99 per share), compared to a net loss of $1.7 million in Q2 2024. The company's book value increased to $43.59 per share from $41.79 at end-2024.
Mining operations generated $1.1 million in revenue, mining 5.8 Bitcoin and 665 Litecoin (retained) plus 2.5 million Dogecoin (sold for $0.5M). Period-end cryptocurrency holdings included 334 BTC and 11,474 LTC, valued at $36.9 million. The company expanded its mining capacity with 46 Antminer L9 machines in Q2, improving cost efficiency from $0.70 to $0.58 per megahash.
CMSG maintains strong liquidity with $60.8 million in cash and operates with minimal overhead. The company will host a shareholder call on August 14, 2025, following its successful OTCQX listing.
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