Bitmine Keeps Swinging, Even While the Red Gets Deeperš.
#Bitmine didnāt slow down last week -- if anything, they leaned in harder. Another 40,613 ETH quietly grabbed up, about $82.8M worth, just added to the pile. That brings their total stash to a massive 4.32 million $ETH ⦠yeah, billions on billions when you zoom out. The catch? Their average entry sits way up around $3,847. At todayās prices, that mountain of ETH is staring at a drawdown north of $7.8 billion. Not a typo. Still, no panic moves, no sudden exits showing up. Just a giant position, sitting heavy, absorbing the pain. Whether thatās stubborn conviction or long-game confidence⦠hard to say. But Bitmine clearly isnāt blinking.
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Bitmine Keeps Swinging, Even While the Red Gets Deeperš.
#Bitmine didnāt slow down last week -- if anything, they leaned in harder. Another 40,613 ETH quietly grabbed up, about $82.8M worth, just added to the pile. That brings their total stash to a massive 4.32 million $ETH ⦠yeah, billions on billions when you zoom out.
The catch? Their average entry sits way up around $3,847. At todayās prices, that mountain of ETH is staring at a drawdown north of $7.8 billion. Not a typo.
Still, no panic moves, no sudden exits showing up. Just a giant position, sitting heavy, absorbing the pain. Whether thatās stubborn conviction or long-game confidence⦠hard to say. But Bitmine clearly isnāt blinking.