Tom Lee’s ETH losses at Bitmine exceed FTX customer losses
Bitmine Immersion Technologies Chairman Tom Lee has lost more of his investors’ money buying ETH than FTX lost on behalf of its customers.
Bitcoin24h
$73,993.98-0.60%
Ethereum24h
$2,317.73-2.14%
BNB24h
$614.57+0.03%
XRP24h
$1.36-0.93%
Solana24h
$83.03-3.16%
TRON24h
$0.3234+0.70%
Dogecoin24h
$0.0931-0.12%
Hyperliquid24h
$43.48-3.09%
UNUS SED LEO24h
$10.14+0.45%
Cardano24h
$0.2394-1.63%
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.
-
StarkWare fires staff after Starknet revenue collapses 98%—by Protos Staff
-
Justin Sun wants World Liberty Financial to unmask its X admin—by Protos Staff
-
Justin Sun’s blacklisted WLFI has lost $70M—by Protos Staff
-
CZ vs Star Xu: $1B bet sends crypto rivalry nuclear—by Protos Staff
-
Iran wants tolls paid in bitcoin for Strait of Hormuz passage—by Protos Staff
-
Michael Saylor’s Strategy lost $1.2 billion buying bitcoin in Q1—by Protos Staff
-
US Senator asks if Binance lied to Congress about Iran—by Protos Staff
-
The slow-motion ‘bank run’ in private credit—by Protos Staff
-
Gemini’s 10-K reveals loan loop between exchange and founders—by Protos Staff
