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News for tag: "$6 billion"
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Tom Lee Defends BitMine\'s $6 Billion ETH Paper Loss, Calls It Strategic \"By Design\"
04.02.2026 07:48
Fundstrat\'s Tom Lee has addressed the significant unrealized loss on Ethereum (ETH) held by crypto mining firm BitMine Immersion Technologies. Lee, a prominent market strategist, stated that the repo...
Bearish
BitMine\'s $6 Billion ETH Bet Loss: Tom Lee\'s Fund Faces Major Setback
01.02.2026 10:21
BitMine, the cryptocurrency fund co-founded by prominent analyst Tom Lee, is reportedly facing a massive unrealized loss of approximately $6 billion. This significant financial hit stems from the fund...