Tom Lee's BitMine Buys the Ethereum Dip, Even as Unrealized Losses Top $6 Billion

In brief

• BitMine added another $96 million worth of Ethereum last week, bringing its total holdings to more than 4.28 million ETH.
• Its most recent acquisition comes as ETH continues its slide, extending the firm’s unrealized losses to more than $6 billion based on a recent SEC filing.
• Shares have now fallen more than 5% on Monday, hitting their lowest mark since July 2025.