🚨 BITMINE: $6B ETH LOSS IS BY DESIGN!BitMine Chairman Tom Lee stated regarding the company\'s $6.6 Billion unrealized loss that this is not a bug but a feature.√ BitMine has been designed specifically to track the price of $ETH, so a loss during a downturn is inevitable.√ Their goal is not to time the market but to outperform throughout the cycle.√ Despite this loss, BitMine has purchased ~24,000 more $ETH in the past week.
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🚨 BITMINE: $6B ETH LOSS IS BY DESIGN!BitMine Chairman Tom Lee stated regarding the company\'s $6.6 Billion unrealized loss that this is not a bug but a feature.√ BitMine has been designed specifically to track the price of $ETH, so a loss during a downturn is inevitable.√ Their goal is not to time the market but to outperform throughout the cycle.√ Despite this loss, BitMine has purchased ~24,000 more $ETH in the past week.