BNB$661.94-0.41%BRENT$93.53-0.27%BTC$74,823-0.12%COPPER$6.53+1.05%DJI$52,759-1.32%DOGE$0.0823-1.30%DXY98.77-0.13%ETH$2,353-0.36%GOLD$4,534+0.40%NDX$29,213-0.72%SILVER$68.79+1.05%SOL$89.41-0.97%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%BNB$661.94-0.41%BRENT$93.53-0.27%BTC$74,823-0.12%COPPER$6.53+1.05%DJI$52,759-1.32%DOGE$0.0823-1.30%DXY98.77-0.13%ETH$2,353-0.36%GOLD$4,534+0.40%NDX$29,213-0.72%SILVER$68.79+1.05%SOL$89.41-0.97%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%
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Bitmine Accumulates 5% of Ethereum Supply Amid Losses

Key takeaways

  • Bitmine, led by Tom Lee, now holds over 5 million staked ETH, despite facing $8.4 billion in unrealized losses, potentially earning $287 million annually.
#Ethereum#Bitmine#Crypto Investments

Analysis

Bitmine, led by Tom Lee, now holds over 5 million staked ETH, despite facing $8.4 billion in unrealized losses, potentially earning $287 million annually.

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