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Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

Wire Report via Cointelegraph

2LAR Wire Desk (Cointelegraph)
2LAR Wire Desk (Cointelegraph) Syndicated Wire Desk • Published 2026-08-17
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Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards....

Real-time digital asset intelligence report synthesized from live wire distributions covering global market trends, network protocol upgrades, and regulatory developments.

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Syndicated from Cointelegraph. Read the full original report at Cointelegraph Wire.
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