BITFIRE GROUP (01611) has disclosed its interim results for 2026. The company's loss attributable to owners expanded during the period, with a higher loss per share year-on-year, primarily impacted by fluctuations in the fair value of crypto assets and increased expenses related to business expansion, R&D, and administration. Despite this, the interim report highlights several significant positive developments. The company's gross profit margin improved substantially, surging 141.8% year-on-year to 1.4%, indicating a clear trend of profitability recovery. Net cash position increased significantly by 114.2% year-on-year, further strengthening the financial liquidity buffer. All business lines demonstrated accelerated growth. Client numbers and assets under management (AUM) for OTC trading, asset management, and trust & custody services achieved high double-digit month-on-month compound growth. User numbers on the compliant Japanese exchange continued a steady climb, and assets under custody demonstrated notable resilience against market volatility. Concurrently, the company completed the acquisition of a core investment research and trading system, launched Hong Kong's first batch of compliant BTC-denominated flagship asset management products, and welcomed a chief economist to enhance its macro-strategic planning. While short-term performance remains pressured by broader industry conditions, the medium to long-term logic for business transformation and ecosystem growth remains clear, supported by the continuous expansion of AUM.