Bitmine sits on $10 billion worth of ETH but posts $3.6 billion loss
Bitmine Immersion Technologies has become the Ethereum version of the strategy, doubling its shares outstanding in six months and raising more than $10 billion in equity capital to amass nearly 5% of all ether (ETH) in existence. It reported a quarterly net loss of $3.8 billion in its 10th quarter on Tuesday, as the number […]
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