Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses
Tom Lee’s Bitmine Immersion Technologies, an Ethereum treasury company, resumed its Ether purchases last week, bringing it closer to a key business target of owning...
Tag : unrealized
Strategy posts $8.2B Q2 loss as Bitcoin slump drives unrealized losses
The Bitcoin treasury company said it has built a $3.75 billion cash reserve to support preferred stock payouts following the launch of its BTC monetization...
Hyperliquid whale won’t close HYPE short despite $22M unrealized loss
A Hyperliquid (HYPE) whale is refusing to close a massive short position even as the token’s rally leaves the trader sitting on more than $22...
BitMine acquires 101,000 ETH despite $6.5B in unrealized losses
BitMine Immersion Technologies, the Ether treasury company backed by Fundstrat’s Tom Lee, has expanded its ETH holdings for the second time in as many weeks,...