BitMine acquires 101,000 ETH despite $6.5B in unrealized losses

News Companies Events

Statistics About NLC Contact us

News Companies Events

BitMine acquires 101,000 ETH despite $6.5B in unrealized losses

Image for the article: BitMine acquires 101,000 ETH despite $6.5B in unrealized losses

BitMine acquires 101,000 ETH despite $6.5B in unrealized losses

Mon Apr 27 2026

Blockchain

Business

Cryptocurrency

Finance

cointelegraph.com

The crypto treasury company continues to buy Ether and earn staking rewards, even as price swings leave billions in unrealized losses on its balance sheet.