Bitmine faces $6.9B unrealized losses on Ethereum holdings as market value declines significantly.
Blockchain News

Bitmine Unrealized Losses: The Staggering $6.9 Billion Ethereum Dilemma

Global, May 2025: The cryptocurrency investment landscape faces a significant moment of reckoning as Bitmine, a major institutional holder, confronts over $6.9 billion in unrealized losses on its Ethereum (ETH) portfolio. This substantial paper loss, stemming from a reported 41% decline from its total investment, highlights the volatile nature of digital asset markets and raises […]