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BitMine’s $8 Billion Paper Loss: A Strategic Masterstroke or a Corporate Bankruptcy in the Making? (February 2026)
The aggressive "Digital Asset Treasury" (DAT) strategy adopted by BitMine Immersion Technologies (BMNR) is currently facing its most severe stress test since the firm's inception. As Ethereum (ETH) prices plummeted below the $2,100 mark this week, the firm’s unrealized losses on its massive ETH holdings have reportedly crossed the eye-watering $8 b...
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