BitMine Boosts Ethereum Exposure With $98M Investment Amid Massive Unrealized Loss

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TL;DR: Bitmine acquired an additional 51,162 ETH for $98 million and now holds 4.42 million tokens, equivalent to 3.66% of the total supply. The company reports over $8 billion in unrealized losses but maintains $691 million in cash reserves and total assets of $9.6 billion.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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