BitMine $7B Paper Loss as ETH Slide Strains Treasuries
Corporate Ether treasury companies are facing significant paper losses on their holdings after the latest market correction pulled many underwater. BitMine Immersion Technologies, the largest corporate Ether (ETH) holder, is sitting on $6.95 billion in unrealized losses. Its Ether holdings were acquired at an average price of $3,883 per token, significantly higher than the current
