The best crypto writing from the last 24 hours.
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- 1
Bitmine Says Its Controls Are Still Not Effective as ETH Ended the Year $5.4 Billion Below Cost
Bitmine's annual report says its controls are still ineffective, with a $143.7M derivatives loss and ETH $5.4B below cost.
- 2
Bitmine reports $6.3 billion net loss in latest fiscal year, driven by 44% ether decline
Bitmine's SEC filing shows a $6.3B net loss for the fiscal year, with about $6.23B from unrealized fair value losses on its ether holdings after a 44% ether decline.
Also covered by Cointelegraph - 3
Tom Lee’s Bitmine Nears 5% of Ether Supply, Trims Weekly Buy to 12,532 ETH
Bitmine nears 5% of ether supply but trimmed its weekly buy to 12,532 ETH, the third straight weekly decline.
- 4
Tom Lee's Bitmine favors share buybacks to ether purchases as crypto declines
Bitmine spent $46M on buybacks rather than ether purchases as crypto declined.
- 5
Ether ETFs Are Having Their Worst Month of 2026. Who Buys Once Bitmine Stops?
Ether ETF outflows hit a 2026 monthly worst in October, with Bitmine's treasury buying also slowing.
- 6
Bitmine Adds $32M in Ethereum as Tom Lee Says Firm Is Nearly 'Done Stacking'
Bitmine added $32M of ETH, bringing holdings to 6.03 million ETH (4.9% of supply), and Tom Lee predicts a large bull market.