Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses1h, Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized lossesTom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards.
- Posted on August 17, 2026
- By Cointelegraph
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- 1 min read
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Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses1h, Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized lossesTom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards.
Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses1h, Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized lossesTom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards. continue reading...