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BitMine’s Estimated $3.6B ETH Loss Overshadows Stock Edge

CoinSpeaker·October 6, 2026·1 min read
BitMine’s Estimated $3.6B ETH Loss Overshadows Stock Edge

BitMine outperformed Ethereum in 2026, but its ETH treasury carried an estimated $3.6 billion unrealized loss as holdings neared 5% of supply. The stock's edge is overshadowed by the significant paper loss, raising concerns about the company's exposure to Ethereum's price volatility.

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