Bitfire’s Bold Stablecoin Bet: HK$245M Loss Can’t Stop Web3 Push
On May 21, Bitfire announced it expects to report a loss of up to HK$245 million (about $31.28 million) for the six months ending in March 2026. This is a significant downturn from the HK$12.3 million profit it made during the same period last year – nearly 19 times larger than the previous loss.








