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BitMine buys 101,901 ETH as unrealized losses top $6.5B
BitMine said it bought 101,901 ETH last week even as unrealized losses on its Ether treasury topped $6.5 billion. The purchase lifted total holdings to about 5.08 million ETH and combined crypto and cash reserves to about $13.3 billion. BitMine has staked about 3.7 million ETH. Yahoo Finance data shows BMNR shares are down more than 20% year-to-date.