CoinWorld reported that Wu said on Twitter that BitMine recently increased its holdings by 40,302 ETH, bringing its total Ethereum holdings to approximately 4.24 million. Based on current market prices, the value of its ETH assets is about $9.6 billion, a significant decline from the peak of approximately $13.9 billion in October last year. Unrealized losses have expanded to over $6 billion.
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CoinWorld reported that Wu said on Twitter that BitMine recently increased its holdings by 40,302 ETH, bringing its total Ethereum holdings to approximately 4.24 million. Based on current market prices, the value of its ETH assets is about $9.6 billion, a significant decline from the peak of approximately $13.9 billion in October last year. Unrealized losses have expanded to over $6 billion.