{"id":59781,"date":"2025-11-21T19:16:47","date_gmt":"2025-11-21T19:16:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=59781"},"modified":"2025-11-21T19:16:47","modified_gmt":"2025-11-21T19:16:47","slug":"tom-lees-bitmine-is-down-4-2-billion-on-its-eth-and-bmnr-down-85-from-its-peak","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=59781","title":{"rendered":"Tom Lee&#8217;s BitMine Is Down $4.2 Billion On Its ETH \u2014 And BMNR Down 85% From Its Peak"},"content":{"rendered":"<div>\n<p><strong>BitMine Immersion Inc. <\/strong><a class=\"ticker-link\" data-ticker=\"BMNR\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>)<strong> <\/strong>is staring at a $4.21 billion <strong>Ethereum<\/strong> <a class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) portfolio loss \u2014 a blow so large that BMNR has crashed back into its last <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/11\/48985337\/bitmine-immersion-technologies-bmnr-stock-slides-amid-ethereum-sell-off\">major support zone<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">Bitmine&#8217;s ETH Holdings Sink As Portfolio Value Drops $4.21B<\/h3>\n<p>Dropstab data <a href=\"https:\/\/dropstab.com\/p\/bitmine-eth-strategy-portfolio-lipdgyz9ho\">shows<\/a> that Bitmine invested about $14.01 billion into its ETH Strategy Portfolio, accumulating 3.51 million ETH at an average cost of $3,997 per token.\u00a0<\/p>\n<p>With Ethereum now trading around $2,790, the position has shifted deep into unrealized losses.<\/p>\n<p>The portfolio&#8217;s value sits near $9.81 billion, putting Bitmine down roughly $4.21 billion, or about 30% from its cost basis.\u00a0<\/p>\n<p>The decline is fully mark-to-market \u2014 the firm has generated zero realized profit, confirming that none of the ETH has been sold.<\/p>\n<p>The past week alone added pressure.\u00a0<\/p>\n<p>The portfolio fell about $1.50 billion in seven days, tracking Ethereum&#8217;s 12.33% weekly slide.\u00a0<\/p>\n<p>The move shows how sensitive &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/11\/49013053\/tom-lees-bitmine-is-down-4-2-billion-on-its-eth-and-bmnr-down-85-from-its-peak?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Tom\" lee bitmine is down billion on its eth and bmnr from peak>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Inc. (NASDAQ:BMNR) is staring at a $4.21 billion Ethereum (CRYPTO: ETH) portfolio loss \u2014 a blow so large that BMNR has crashed back into its last major support zone. Bitmine&#8217;s ETH Holdings Sink As Portfolio Value Drops $4.21B Dropstab data shows that Bitmine invested about $14.01 billion into its ETH Strategy Portfolio, accumulating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-59781","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59781"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59781\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}