{"id":60283,"date":"2025-11-25T14:01:34","date_gmt":"2025-11-25T14:01:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=60283"},"modified":"2025-11-25T14:01:34","modified_gmt":"2025-11-25T14:01:34","slug":"bitmine-down-80-from-the-top-but-tom-lee-keep-buying-eth-what-gives","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=60283","title":{"rendered":"BitMine Down 80% From The Top, But Tom Lee Keep Buying ETH: What Gives?"},"content":{"rendered":"
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BitMine Immersion Technologies Inc. <\/strong>(NYSE:<\/a>BMNR<\/a>) has fallen 81% in less than five months as its leveraged Ethereum<\/strong> (CRYPTO: <\/a>ETH<\/a>) accumulation strategy produced $3.6 billion in unrealized losses<\/a>.<\/p>\n

BitMine’s Treasury Strategy Delivers Heavy Losses<\/h3>\n

Protos reported<\/a> that BitMine now holds 3,629,701 ETH, roughly 3% of circulating supply, yet its share price has collapsed despite Ethereum rising about 10% over the same period.\u00a0<\/p>\n

The company’s large treasury \u2014 once pitched as a differentiating advantage, has instead magnified losses due to poorly timed acquisitions.<\/p>\n

BitMine’s decline mirrors a broad wipeout among digital asset treasuries.\u00a0<\/p>\n

Several firms that pursued publicly funded crypto accumulation models, including Nakamoto, Twenty One, Sixty Six Capital, Upexi and others, have dropped more than 50% since early summer.<\/p>\n

Strategy Falls Too, But BitMine Slides Much Faster<\/h3>\n

Michael Saylor’s<\/strong> Strategy Inc. <\/strong>(NASDAQ:<\/a>MSTR<\/a>), has declined 56% over the same period, about 1.6 times worse than Bitcoin’s 21% slide.\u00a0<\/p>\n

Yet BitMine’s performance is …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

BitMine Immersion Technologies Inc. (NYSE:BMNR) has fallen 81% in less than five months as its leveraged Ethereum (CRYPTO: ETH) accumulation strategy produced $3.6 billion in unrealized losses. BitMine’s Treasury Strategy Delivers Heavy Losses Protos reported that BitMine now holds 3,629,701 ETH, roughly 3% of circulating supply, yet its share price has collapsed despite Ethereum rising […]<\/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-60283","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\/60283","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=60283"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60283\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}