Tom Lee's BitMine sits on $9B unrealized ETH loss
BitMine's $20.1B Ether investment is reportedly worth $11.1B, a 44.8% unrealized loss, as crypto prices slide.
Ether (ETH/USDT)
$1,831 −4.3% · 3 mo
Not yet known
- Unconfirmed: BitMine's $20.1B Ether investment is worth $11.1B
- Unconfirmed: a $9 billion unrealized ETH loss; the company has not confirmed the figure
What we know
A crypto news account says BitMine, led by Tom Lee, is down about $9 billion on its ETH holdings, with its $20.1B investment now worth $11.1B, a 44.8% unrealized loss. The figure is unconfirmed by the company.
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
@DegenerateNews
“ITS $20.1B INVESTMENT IS NOW WORTH $11.1B - A 44.8% UNREALIZED LOSS”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.