Bitmine's Holdings of 2.83M ETH Currently Face an Unrealized Loss of $1.93B

BlockBeats News, October 11th, Onchain Lens posted on social media today that Bitmine's ETH position suffered heavy losses after this morning's dip, facing a $1.93 billion unrealized loss.

Bitmine currently holds 2,830,151 ETH, with a total acquisition cost of $12.83 billion and an average price of $4535. However, this batch of ETH is currently valued at only $10.9 billion.