Bitmine faces an $8.9 billion mark-to-market loss, surpassing the "Brothers in Adversity" Strategy

BlockBeats News, June 3rd, according to @LookIntoChain's data, as the crypto market continues to experience a pullback, Bitmine's ETH reserve has faced a realized loss exceeding Strategy's BTC reserve unrealized loss.

Supported by Tom Lee, the Ethereum reserve company Bitmine Immersion Technologies currently holds 5,416,901 ETH, with a current market value of approximately $10.3 billion. This represents an unrealized loss of around $8.9 billion compared to the acquisition cost.

Meanwhile, led by Michael Saylor, Strategy holds 843,706 BTC, with a current market value of around $56.26 billion and a realized loss of about $7.6 billion.