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Bitmine Records $9 Billion Unrealized ETH Loss

  • June 3, 2026
  • Posted by: admin
  • Category: BitCoin, Blockchain, Cryptocurrency, Investments
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A 3D silver Ethereum logo token positioned on a glowing blue platform, set against a dark red backdrop displaying steady, horizontal market candlestick charts

The post Bitmine Records $9 Billion Unrealized ETH Loss appeared first on Coinpedia Fintech News

Bitmine is facing roughly $9 billion in unrealized losses after Ethereum’s price dropped to about $1,860. The company accumulated 5.4 million ETH at an average cost near $3,500, turning its $18.8 billion position into one worth around $10 billion. The decline highlights the risks of large corporate crypto holdings during market downturns. Rival MicroStrategy is …

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