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Tom Lee says BitMine's $6 billion ether paper loss is “by design"

The firm said unrealized losses are expected in a downturn, arguing its ethereum-heavy balance sheet is designed to track and outperform ETH ETH - $2060.710 over a full market cycle.

Source: coindesk.com

Related symbols: ETHUSD

2026-02-04 04:54:04 GMT.

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ETH

Price & Market Data

Price: $2060.710

Volume 24h: $55,983,882,978.03

Market Cap: $248,712,560,801.17

Description

Ethereum (ETH) is a cryptocurrency . Ethereum has a current supply of 120,693,507.573996. The last known price of Ethereum is 2,125.2050737 USD and is down -5.79 over the last 24 hours. It is currently trading on 11529 active market(s) with $53,595,984,074.34 traded over the last 24 hours. More information can be found at https://www.ethereum.org/.