SRx Health shares fall 12.32% after hours amid $8.6M net loss, $18M crypto investment, and EMJX acquisition announcement.

SRx Health Solutions Inc. fell 12.32% in after-hours trading following the release of its Q1 2026 earnings report, which revealed a net loss of $8.6 million, driven by $3.1 million in non-cash debt extinguishment costs and $18 million allocated to Bitcoin and Ethereum. The company cited inventory constraints and below-normal sales for its Halo® brand, despite a 38% gross margin improvement. The acquisition of EMJ Crypto Technologies, aimed at advancing a digital treasury strategy, and the deployment of $18 million into cryptocurrencies were highlighted, though the market appeared skeptical of the aggressive crypto bets and ongoing losses. Strengthened liquidity, including $13.1 million in cash, was noted, but the significant net loss and strategic pivot toward volatile assets likely spooked investors, aligning with the sharp after-hours decline.