BitMine reported an unrealized loss of $2.13 billion related to its Ethereum holdings.

Ethereum and BitMine Holdings

Ethereum’s price has been affected by a recent market correction.

This correction has significantly impacted the holdings of BitMine, the largest treasury Ether holder.

BitMine Immersion Technologies has acquired a substantial amount of Ethereum since implementing an Ether-based corporate treasury strategy in late June.

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