BitMine lost $8 billion on ETH but Tom Lee still made tens of millions
BitMine’s losses on its ETH bet might exceed losses at FTX, but Tom Lee will make tens of millions of dollars regardless.
Bitcoin24h
$73,496.27-0.03%
Ethereum24h
$2,015.93+0.31%
BNB24h
$646.64+1.45%
XRP24h
$1.36+3.44%
Solana24h
$82.44+0.25%
TRON24h
$0.3441-2.25%
Hyperliquid24h
$64.96+4.78%
Dogecoin24h
$0.1002+0.53%
UNUS SED LEO24h
$10.00-0.48%
Stellar24h
$0.2700+36.10%
Tom Lee’s BitMine ETH holdings are down $8B as crypto crashes
BitMine’s ETH holdings surpassed an unrealized loss of over $8B today despite spending $16B on the cryptocurrency.
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Stake DAO hit by hack as DeFi security confidence hits new low—by Protos Staff
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Someone just burned $8 million of bitcoin—by Protos Staff
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Charles Hoskinson’s $250M clinic to close after buying up NFTs and robots—by Protos Staff
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Binance served Iranian national days before he was sanctioned, report—by Protos Staff
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Brian Armstrong’s security costs 28 times more than Michael Saylor’s—by Protos Staff
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Bizarre Ethereum Foundation anime letter blamed for mass resignations—by Protos Staff
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Tether vs. Circle: The battle for stablecoin dominance—by Protos Staff
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Justin Sun’s Liberland has given Vitalik Buterin a medal—by Protos Staff
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Nigel Farage: £5M Christopher Harborne gift was ‘reward’ for Brexit—by Protos Staff
