newsJun 4, 20261:17pending
Tom Lee's Ethereum Bet Is Down $9 Billion | CoinDesk Daily
About this episode
Bitmine sitting on $9B of unrealized losses from its ETH bag.
Bitmine, the largest corporate holder of ether, is sitting on nearly $9 billion in unrealized losses as ETH falls below $1,800. Chairman Tom Lee still predicts a $250,000 price target, but shares of BMNR are down drastically since early May. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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