Cointelegraph August 17, 2026

Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

Tom 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.

You might also like

FBI blames North Korea for $6 billion Binance hac…
Nov 01, 2026 Read
AI wants Bitcoin miners’ power, but the contracts…
Nov 01, 2026 Read
Anthropic’s Claude AI Predicts a Seismic BNB Move…
Nov 01, 2026 Read
Binance opens crypto withdrawals in phases starti…
Nov 01, 2026 Read