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Bitmine’s Ethereum Treasury Swells to 4.3M ETH—Unrealized Losses Mount

Bitmine disclosed Monday that it now holds more than 4.3 million ether, a massive position that places the digital asset treasury firm roughly $480 million underwater as ETH trades below its average purchase price. Bitmine Doubles Down on Ethereum While Paper Loss Nears Half a Billion Bitmine Immersion Technologies said it holds 4,325,738 ETH, acquired […] Also read: Bitcoin & Ethereum News, Crypto Prices & Indexes