BitMine Purchases an Additional 60,000 ETH Last Week Despite Growing Unrealized Losses

Continuing to Increase Purchases

Under the leadership of Tom Lee, BitMine announced on March 2 that it had purchased an additional 59,928 ETH in the last week, as stated in an official press release. This is a slight decrease from the previous week's purchase of 51,162 ETH announced on February 23, but it reaffirms the ongoing implementation of Ethereum (ETH) financial strategies.

According to the announcement, as of March 1, US time, the holdings amounted to 4,473,587 ETH (valued at $1,976 per ETH), including a total of $86.8 billion in cryptocurrency and cash holdings...