By https://coinpedia.org/ on February 5, 2026
The post BitMine Faces $7.4 Billion Ethereum Losses appeared first on Coinpedia Fintech News BitMine Immersion Technologies, led by Tom Lee, is reporting over $7.4 billion in unrealized losses on its 4.285 million ETH holdings, bought at an average of $3,830 per coin, now worth below $2,100, while Ethereum has fallen below current levels. Despite these paper losses, the company continues its Ethereum treasury strategy, adding more ETH during …
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