BitMine’s Unrealized Loss on Ether Holdings Narrows to $5.41 Billion

BitMine’s unrealized loss on its Ether holdings has narrowed to about $5.41 billion.

Crypto media outlet BlockBeats reported on August 22 that BitMine currently holds 5,815,164 ETH at an average purchase price of $3,366.

At Ether’s current price of $2,436, the company’s holdings are carrying an unrealized loss of about $5.41 billion. The paper loss had previously exceeded $10 billion as Ether declined.