BitMine’s ether treasury, about 5.82 million ETH at an average cost… — Cryptocurrency Consortiums — TG.ME

BitMine’s ether treasury, about 5.82 million ETH at an average cost near $3,366, still showed an unrealized loss around $5.79 billion with ether near $2,370. That is the mirror image of Strategy’s return to bitcoin cost basis. A corporate ETH stack underwater does not cap the token by itself, but it…