Ethereum Nears $2,700 as Bitmine's Total Holdings Unrealized Loss Narrows to About $2.71 Billion

BlockBeats news, September 21: As Ethereum approaches $2,700, the total holdings of Bitmine, the world's largest Ethereum treasury company, have seen their unrealized losses narrow to $2.71 billion, after previously widening to as much as $10 billion.

Bitmine now holds a total of 5,956,378 ETH, with an average cost of approximately $3,340. In addition, its staked Ethereum remains at 5,067,309 ETH (85% of total holdings), valued at approximately $12.7 billion, with current annualized staking yields of about $334 million.