Author: Consensus Mining & Seigniorage Corporation

  • Consensus Mining & Seigniorage Corporation Announces Date of Annual Meeting and Related Deadlines

    Consensus Mining & Seigniorage Corporation Announces Date of Annual Meeting and Related Deadlines

    NEW YORK, NY / ACCESS Newswire / December 12, 2025 / Consensus Mining & Seigniorage Corporation (the “Company”) today announced that its 2026 annual meeting of stockholders (the “Annual Meeting”) will be held on Wednesday, March 18, 2026. Stockholders of record as of the close of business on January 23, 2026 will be entitled to notice of and to vote at the Annual Meeting or any adjournment or postponement thereof. Pursuant to Section 1.16(b) of the Company’s Bylaws, the advance notice deadline for stockholder nominations or other business to be properly brought before the Annual Meeting is December 22, 2025.

    About Consensus Mining & Seigniorage Corporation

    Consensus Mining & Seigniorage Corporation (OTCQX:CMSG) is a cryptocurrency mining company created with strategic partnerships in hosting, repair and management that enable it to operate with minimal overhead and enhanced profitability, and with a conservative capital structure that allows for flexible and patient capital allocation.

    For more information, please visit https://consensusmining.com/.

    Investor Relations Contact:

    ir@consensusmining.com

    SOURCE: Consensus Mining & Seigniorage Corporation

    View the original press release on ACCESS Newswire

  • Consensus Mining & Seigniorage Corporation (OTCQX:CMSG) Announces 3Q2025 Financial Results and Upcoming Shareholder Call

    NEW YORK CITY, NEW YORK / ACCESS Newswire / October 24, 2025 / Financial Results Summary (unaudited)

    Consensus Mining & Seigniorage Corporation (“CMSG” or “the Company”) announced net income for the quarter ended September 30, 2025 of $2.1 million, or $0.95 per share, as compared to a net loss of $0.5 million, or $0.23 per share, for the prior comparable quarter of 2024.

    The Company also reported net income of $6.2 million, or $2.75 per share, for the nine months ended September 30, 2025, as compared to net income of $4.9 million, or $2.17 per share, for the prior comparable year-to-date period.

    Book value per share increased to $44.54 at September 30, 2025 as compared to $41.79 at the end 2024.

    The Company generated $1.2 million in mining revenue for the quarter as compared to $1.0 million for the quarter ended September 30, 2024. The increase was primarily the result of higher scrypt mining revenue resulting from continued purchases of scrypt mining equipment as well as higher average prices of Dogecoin. The quarter’s revenue was also impacted by lower Bitcoin rewards resulting from a diminishing level of equipment devoted to the Bitcoin network, which was partially offset by higher average prices.

    The Company had Bitcoin mining operations of 143 petahash and scrypt mining operations for Litecoin/Dogecoin of 6,491 gigahash as of September 30, 2025. The Company acquired 32 machines used for scrypt mining during the third quarter of 2025 and 139 for the year-to-date period. These third quarter acquisitions added 500 gigahash to the Company’s scrypt mining hashrate.

    During Q3 2025, the Company mined 5.0 Bitcoin (BTC) and 631 Litecoin (LTC), all of which were retained. In addition, as a result of the scrypt mining process, the Company mined approximately 2.3 million Dogecoin (DOGE), which were sold for approximately $0.5 million. A portion of the DOGE mining rewards was used to acquire 0.9 BTC, bringing the total amount of Bitcoin added for the quarter to 5.9 Bitcoin.

    The Company’s quarter-end cryptocurrency holdings were primarily 340 BTC and 12,105 LTC, which were valued at $38.8 million and $1.3 million respectively. The value of all cryptocurrency holdings was $40.2 million at September 30, 2025.

    The cost of revenue, a figure that largely consists of hosting costs, was $0.7 million for the third quarter of 2025, consistent with $0.7 million for the prior comparable quarter.

    Operating expenses-which include depreciation of mining equipment as well as general administrative expenses-declined from $1.5 million in the third quarter of 2024 to $0.8 million for the third quarter of 2025. This was primarily due to lower depreciation expenses for certain equipment becoming fully depreciated or disposed of during the second half of 2024.

    The Company reported an operating loss of $0.3 million for the third quarter of 2025, as compared to an operating loss of $1.2 million for the comparable period of 2024.

    Non-operating income for the third quarter of 2025, including changes in the fair value of our cryptocurrency holdings-coupled with interest income-was income of $3.2 million, as compared to income of $0.9 million in the third quarter of 2024. The increase was primarily a result of appreciation of our cryptocurrency holdings.

    Upcoming Shareholder Call

    The Company has also announced an upcoming shareholder call on October 30, 2025.

    Thursday, October 30, 2025 4:15 pm ET
    Online Webinar: REGISTER HERE
    Phone Access: +1 (562) 247-8422 Access Code: 805-609-195
    Only online participants can submit questions during the webinar.

    Consensus Mining & Seigniorage Corporation (OTCQX:CMSG) is a cryptocurrency mining company created with strategic partnerships in hosting, repair, and management. This enables CMSG to operate with minimal overhead and enhanced profitability, and with a conservative capital structure that allows for flexible and patient capital allocation. For more information, please visit www.consensusmining.com.

    Investor Relations Contact: IR@consensusmining.com

    Consensus Mining & Seigniorage Corporation
    Balance Sheets

    September 30,

    December 31,

    2025

    2024

    (unaudited)

    Assets
    Current assets
    Cash and cash equivalents

    $

    60,623,677

    $

    61,251,236

    Income tax receivables

    346,322

    223,100

    Prepaid expenses

    280,152

    567,851

    Other receivables

    80,498

    163,736

    Total current assets

    61,330,649

    62,205,923

    Non-current assets
    Property and equipment, net

    3,799,842

    4,201,154

    Digital assets, net

    40,192,399

    30,942,301

    Loans receivable – related party

    360,955

    335,045

    Total non-current assets

    44,353,196

    35,478,500

    Total Assets

    $

    105,683,845

    $

    97,684,423

    Liabilities and Stockholders’ Equity
    Current liabilities
    Accrued taxes

    $

    10,335

    $

    35,314

    Accrued accounting fees

    102,278

    115,012

    Other accrued expenses

    18,121

    11,439

    Total current liabilities

    130,734

    161,765

    Non-current liabilities
    Deferred tax liabilities, net

    5,330,901

    3,488,926

    Total Liabilities

    5,461,635

    3,650,691

    Commitments and contingencies (Note 5)
    Stockholders’ Equity
    Common stock ($0.01 par value, 5,000,000 shares authorized, 2,250,009 issued and outstanding)

    22,500

    22,500

    Additional paid-in capital

    86,286,813

    86,286,813

    Retained earnings

    13,912,897

    7,724,419

    Total Stockholders’ Equity

    100,222,210

    94,033,732

    Total Liabilities and Stockholders’ Equity

    $

    105,683,845

    $

    97,684,423

    Consensus Mining & Seigniorage Corporation
    Statements of Operations

    Three Months Ended September 30,

    Nine Months Ended September 30,

    2025

    2024

    2025

    2024

    (unaudited)

    Revenue:
    Digital asset mining

    $

    1,167,808

    $

    1,005,802

    $

    3,609,198

    $

    3,954,041

    Total revenue

    1,167,808

    1,005,802

    3,609,198

    3,954,041

    Cost of revenues
    Hosting fees

    688,442

    734,126

    2,051,405

    2,115,582

    Total cost of revenues

    688,442

    734,126

    2,051,405

    2,115,582

    Operating expenses:
    Depreciation expense

    579,973

    1,298,041

    1,749,970

    2,870,004

    Loss on disposal of property and equipment

    59,923

    170,391

    General and administrative expenses

    180,424

    186,761

    487,066

    422,610

    Total operating expenses

    820,320

    1,484,802

    2,407,427

    3,292,614

    Operating loss

    (340,954

    )

    (1,213,126

    )

    (849,634

    )

    (1,454,155

    )

    Non-operating income (expense):
    Net change in unrealized appreciation on digital assets

    2,550,510

    136,171

    6,950,361

    5,659,002

    Interest income

    620,416

    775,143

    1,852,046

    2,349,375

    Realized gain (loss) on sale of digital assets

    1,176

    (3,308

    )

    (8,597

    )

    21,450

    Other income

    935

    Total non-operating income

    3,172,102

    908,006

    8,793,810

    8,030,762

    Income (loss) before income taxes

    2,831,148

    (305,120

    )

    7,944,176

    6,576,607

    Provision for income taxes

    691,168

    214,614

    1,755,698

    1,691,223

    Net income (loss)

    $

    2,139,980

    $

    (519,734

    )

    $

    6,188,478

    $

    4,885,384

    Basic and diluted net income (loss) per share

    $

    0.95

    $

    (0.23

    )

    $

    2.75

    $

    2.17

    Weighted average shares (basic and diluted)

    2,250,009

    2,250,009

    2,250,009

    2,250,009

    About CMSG

    Consensus Mining & Seigniorage Corporation (OTCQX:CMSG) is a cryptocurrency mining company created with strategic partnerships in hosting, repair, and management. This enables CMSG to operate with minimal overhead and enhanced profitability, and with a conservative capital structure that allows for flexible and patient capital allocation. For more information, please visit www.consensusmining.com.

    Investor Relations Contact:

    IR@consensusmining.com

    SOURCE: Consensus Mining & Seigniorage Corporation

    View the original press release on ACCESS Newswire

  • Consensus Mining & Seigniorage Corporation (“CMSG” or “the Company”) Announces a Shareholder call on Thursday, October 30, 2025

    Upcoming Shareholder Call

    WHITE PLAINS, NEW YORK / ACCESS Newswire / October 15, 2025 / Alun Williams (President), Kevin McRae (Chief Technology Officer), and Mark Herndon (Chief Financial Officer), will host a shareholder call on Thursday, October 30, 2025 at 4.15 p.m. ET. Questions submitted to ir@consensusmining.com before 1:00 p.m. EST the day prior of the call will be considered. The call will be available for replay following the meeting. To request a replay, please email ir@consensusmining.com.

    Thursday, October 30, 2025 at 4.15pm ET
    Online Webinar: REGISTER HERE
    Phone Access: +1 (562) 247-8422 Access Code: 805-609-195

    About CMSG

    Consensus Mining & Seigniorage Corporation (OTCQX:CMSG) is a cryptocurrency mining company created with strategic partnerships in hosting, repair, and management. This enables CMSG to operate with minimal overhead and enhanced profitability, and with a conservative capital structure that allows for flexible and patient capital allocation. For more information, please visit www.consensusmining.com.

    Investor Relations Contact:

    IR@consensusmining.com

    SOURCE: Consensus Mining & Seigniorage Corporation

    View the original press release on ACCESS Newswire