Tag: Ethereum staking
Bitmine Lost $7.8 Billion on Ethereum and Just Bought $108 Million More
One company controls 3.86% of all Ethereum in existence – and it refuses to stop buying. Bitmine Immersion Technologies dropped another $108 million on 50,000 ETH this week while sitting on roughly $7.8 billion in unrealized losses. ETH slipped below $2,000 on March 27 for the first time since early March. Bitmine’s response? Buy more.…
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