BITMINE DOUBLES DOWN: The $4B Loss Bet Gets Bigger
While drowning in a $4B paper loss, Bitmine just bought another 40,302 ETH. Their total hoard now exceeds 4.24 million $ETH equivalent to a staggering 3.52% of the entire supply.
This isn't averaging down; it's a conviction play bordering on defiance. With their staking infrastructure, "MAVAN" launching next quarter, they're locking in for the long haul.
One treasury bleeds, the other buys. In the war of corporate balance sheets, this is either catastrophic stubbornness or legendary foresight. The market will decide.
