BitMine Immersion faces $6B paper loss as Ether sell-off deepens
BitMine’s growing ETH losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns.
Last updated: 2026-02-02 20:59:37 ET
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BitMine’s growing ETH losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns.
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A takeover premium, African assets and soaring gold prices highlight how miners are chasing scale as consolidation accelerates.