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The Business Brief MONDAY, 17 AUGUST 2026
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Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

1 source ·1 article ·1h ago

Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards.

Covered by 1 outlet

Cointelegraph 1

All coverage · 1 article

Cointelegraph ·1h ago

Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards.