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Ethereum news: ETH falling below $1,800 leaves Tom Lee’s Bitmine (BMNR) with $8.9 billion paper loss
Bitmine Immersion Technologies (BMNR), the largest corporate holder of ether (ETH), is staring at nearly $9 billion in losses as the token’s slide below $1,800 drags down the value of its massive treasury. Shares of the Tom Lee-chaired company fell another 5.9% Wednesday, slipping below $17 and extending their decline to 28% since early May....
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