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Bitmine’s ether bet nears $9 billion loss as ETH falls below $1,800
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- When:
- June 6, 2026 · 7:24 AM
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- Checkout The Latest Crypto Updates With Us!
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- Checkout The Latest Crypto Updates With Us!
Bitmine Immersion Technologies (BMNR), the largest corporate holder of ether ($ETH), is facing nearly $9 billion in unrealized losses as the token’s price dropped below $1,800 again. The company, chaired by Tom Lee, has seen its stock fall 5.9% on Wednesday, slipping below $17. That extends its decline to 28%... The post Bitmine’s ether bet nears $9 billion loss as ETH falls below $1,800 appeared first on TheCryptoUpdates.
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