BitMine Immersion faces $6B paper loss as Ether sell-off deepens

BitMine’s growing ETH losses highlight the risks of crypto treasury strategies as leverage unwinds and weak liquidity accelerates market downturns.
Source: BitMine Immersion faces $6B paper loss as Ether sell-off deepens (https://cointelegraph.com/news/bitmine-immersion-technologies-ether-losses-crypto-liquidation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)