BitMine Boosts Ethereum Holdings to 4.24 Million ETH

BitMine has recently increased its Ethereum holdings by 40,302 ETH, bringing its total to approximately 4.24 million ETH. At current market prices, BitMine’s Ethereum assets are valued at around $9.6 billion. This marks a significant decrease from the peak valuation of approximately $13.9 billion in October last year, with unrealized losses now exceeding $6 billion.