BitMine (BMNR) Stock: Why Chairman Tom Lee Isn’t Worried About Massive Paper Losses

TLDR BitMine Immersion chairman Tom Lee says the company’s $6 billion unrealized ethereum losses are intentional, not a mistake. The firm holds 4.24 million ETH valued at $9.6 billion, down from $14 billion in October as crypto markets decline. Lee compares BitMine’s approach to an index fund, arguing paper losses are expected during downturns. The [...]

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