BitMine Continues to Buy Ethereum Despite Holding Over 1 Trillion Yen in Unrealized Losses

2026/03/04 08:36 (Updated 2026/03/04 09:00)

CoinPost

Written by L.Kikutani

BitMine Continues to Buy Ethereum Despite Holding Over 1 Trillion Yen in Unrealized Losses

Amid Expanding Unrealized Losses

According to data published by on-chain analysis firm Arkham on March 3, BitMine, a cryptocurrency finance company led by Tom Lee, has acquired approximately $102 million worth of Ethereum (ETH) in the past week.

Prior to this recent purchase, the holdings announced on March 1 were 4,473,587 ETH, valued at approximately $8.97 billion. This represents 3.71% of the total circulating supply of Ethereum, an increase from the previous week's 3.66%...

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