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Losing 3.8 billion but aggressively accumulating ETH: Bitmine is conducting a "supply control experiment"
Many see the loss, but true players see—strategic planning.
Bitmine's latest financial report shows: a net loss of $3.8 billion in a single quarter,
of which $3.78 billion comes from unrealized losses on digital assets, but the focus is not on the loss, rather—
it is aggressively accumulating ETH against the trend.
Core holdings: directly affecting the supply structure.
As of April 12: holding 4.87 million ETH, about 4.04% of the global supply.
Goal: 5%
This is no longer investment, but: approaching "market control" level of chip concentration.