$ETH
Tom Lee’s Bitmine just reported a staggering $6.3 BILLION annual net loss.
The losses were largely driven by unrealized losses on its massive ETH holdings as Ethereum’s price declined.
But here's the bigger picture: Bitmine still holds 5.9 MILLION ETH, representing roughly 4.9% of #Ethereum circulating supply.
Tom Lee’s Bitmine just reported a staggering $6.3 BILLION annual net loss.
The losses were largely driven by unrealized losses on its massive ETH holdings as Ethereum’s price declined.
But here's the bigger picture: Bitmine still holds 5.9 MILLION ETH, representing roughly 4.9% of #Ethereum circulating supply.
