[IMPORTANT] Bitmine Acquires Additional $90.8M in Ethereum Despite Heavy Unrealized Losses

Bitmine purchased an additional 45,759 ETH worth $90.83 million last week, increasing its total holdings to over 4.37 million ETH. The average purchase price for these holdings is $3,821 per ETH, resulting in an unrealized loss of approximately $8.03 billion. This indicates Bitmine's strong conviction in Ethereum's long-term value despite current market conditions.