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Bitmine Adds $41 Million in Ethereum, Nearing 5% Supply Target Amid $9.9 Billion Unrealized Losses

Tom Lee's Bitmine purchased $41M in Ethereum, holding 5.54M ETH (4.59% of supply) with $9.9B unrealised losses. BMNR fell 3.46%. The post Bitmine Adds $41 Million in Ethereum, Nearing 5% Supply Target Amid $9.9 Billion U...

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Bitmine Adds $41 Million in Ethereum, Nearing 5% Supply Target Amid $9.9 Billion Unrealized Losses
Tom Lee's Bitmine purchased $41M in Ethereum, holding 5.54M ETH (4.59% of supply) with $9.9B unrealised losses. BMNR fell 3.46%. The post Bitmine Adds $41 Million in Ethereum, Nearing 5% Supply Target Amid $9.9 Billion Unrealized Losses appeared first on CryptoGazette.

Why this matters

Ethereum is showing up inside the Crypto Treasuries theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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