Another one has gone crazy,
Bitmine has also gone mad, last week it gambled 60,976 ETH (about 120 million dollars), creating the largest single-week purchase in 2026!
Now Bitmine holds over 4.5 million ETH, with a market value of >9 billion dollars, but a paper loss of nearly 7.8 billion dollars, who understands this! Didn't expect it, neither did I!
However, they are passively staking, earning 174 million dollars a year with over 3 million ETH, and can rake in 259 million dollars if fully staked.
What's even more amazing is that Tom Lee has come out calling the shots, saying the mini crypto winter is about to end - those who understand, understand, he has often been a contrary indicator!
The weaker the market, the more aggressively they buy, hard betting on a rebound,
In any case, without leverage and with cash flow, it's purely relying on time to bet on probabilities, focusing on a relentless struggle to the end~
#TomLee #Ethereum #CryptoWinter
#Bitmine