🚨 BITMINE LOSES US$ 6,3 BILLION IN 2026!
Looks like someone bought Ethereum and forgot to set a stop loss. 😂
Bitmine, one of the largest institutional accumulators of ETH, reported a loss of approximately US$ 6,3 billion in fiscal year 2026.
But don’t panic! About US$ 6,23 billion of that is unrealized losses, meaning the company still holds its ETH, but has seen its market value plummet.
Apparently, even market whales are discovering that the famous “HODL until death” strategy has side effects. 💀
Moral of the story: in the crypto market, not even a billion-dollar wallet is immune to the infamous red screenshot.
#Ethereum #Bitmine
#BitmineReports$6.3BFiscal2026Loss
Looks like someone bought Ethereum and forgot to set a stop loss. 😂
Bitmine, one of the largest institutional accumulators of ETH, reported a loss of approximately US$ 6,3 billion in fiscal year 2026.
But don’t panic! About US$ 6,23 billion of that is unrealized losses, meaning the company still holds its ETH, but has seen its market value plummet.
Apparently, even market whales are discovering that the famous “HODL until death” strategy has side effects. 💀
Moral of the story: in the crypto market, not even a billion-dollar wallet is immune to the infamous red screenshot.
#Ethereum #Bitmine
#BitmineReports$6.3BFiscal2026Loss
