Bittensor subnet revenue up 40% in a month, now $50M ARR

markjeffrey · x · 2026-10-03

Bittensor's product revenue grew roughly 40% month-over-month, with annualized subnet revenue rising from about $32–35M to over $50M. The acceleration is driven mainly by Lium, Targon and Engy, while Bitcast and Almanac keep growing and Score and Vanta have begun revenue-funded Alpha buybacks. A prior projection of $100M annualized by year-end may turn out conservative.

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