BitMine nears $7B in unrealized losses as Ether downturn pressures treasury firms

Ether treasury firms are pressured by the crypto market downturn, as Trend Research was forced to sell $77 million in Ether at a loss, while others are holding through paper losses.
Source: BitMine nears $7B in unrealized losses as Ether downturn pressures treasury firms (https://cointelegraph.com/news/bitmine-7b-paper-loss-market-crash-eth-treasuries?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)