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BitMine Faces $10.5B Unrealized Loss on Ethereum Holdings

2026-06-27 05:26:50

Abstract generation in progress

BitMine Immersion Technologies has a $10.5 billion unrealized loss on its Ethereum investment after ETH fell to the $1,500 level on Friday. The company bought ETH at an average price of $3,400 to $3,900 and holds over 5.4 million to 5.8 million ETH.

ETH2.43%

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