Bitmine is sitting on an unrealized loss of $8.9 billion, exceeding Strategy

robot
Abstract generation in progress
Golden Finance reports that on June 3rd, according to Lookonchain statistics, as the crypto market continues to decline, Bitmine's ETH reserve book losses have exceeded Strategy's BTC reserve unrealized losses. Tom Lee-supported Ethereum reserve company Bitmine Immersion Technologies currently holds 5,416,901 ETH, with a current market value of approximately $10.03 billion, representing an unrealized loss of about $8.9 billion compared to the purchase cost.
Meanwhile, Strategy, led by Michael Saylor, holds 843,706 BTC, with a current market value of approximately $56.26 billion, and an unrealized loss of about $7.6 billion.
ETH-2.23%
BTC-3.19%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned