BitMine Buys Ethereum Dip Despite $8 Billion Losses While Strategy Cuts Debt With No Bitcoin Sales – U.Today

May 26, 2026 - 17:00
BitMine Buys Ethereum Dip Despite $8 Billion Losses While Strategy Cuts Debt With No Bitcoin Sales – U.Today
While the market was guessing which of the major corporate crypto whales would be the first forced to sell reserves to cover obligations, BitMine and Strategy (MSTR) responded with synchronized but opposite moves. According to fresh treasury reporting, BitMine absorbed another 111,942 ETH from the market despite a billion-dollar paper loss, while Strategy directed free...

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