Canton Strategic Q2 FY26 net loss widens to $19.25 million; revenue turns to $1.5 million
CNTN•Q2 results and revenue mix
Canton Strategic posted Q2 net loss of USD 19.25 million, narrowing from USD 1.86 million a year earlier.
Revenue turned positive at USD 1.5 million from no revenue, led by locking-as-a-service at USD 1.3 million.
Network validation revenue reached USD 191,226, reflecting initial Super Validator rewards from active minting that began May 9.
Digital asset losses and capital actions
Unrealized loss on digital asset holdings totaled USD 23.74 million as the reference price of Canton Coin fell versus cost basis.
The company completed the sale of its legacy biotech unit Gravitas for a USD 3.5 million promissory note, and the board authorized a USD 50 million buyback.
