🚨 INSTITUTIONAL ETH UPDATE Tom Lee's Bitmine has reported a $6.3 BILLION net loss for the fiscal year ended August 31, 2026. The majority of the loss came from unrealized losses on its digital asset holdings, primarily $ETH , following the market decline. But here's what stands out: → ETH holdings: 5,901,837 ETH. → Share of circulating supply: Approximately 4.9%. → Unrealized digital asset losses: $6.23 billion. Despite the massive paper loss, Bitmine continues to hold a significant portion of Ethereum's supply. The bigger question: Is this institutional conviction through volatility, and could it be an early signal of a market bottom? #ETHUSDT #Altcoin Season#