BitMine shrugs off $6B Ethereum paper losses
BitMine Immersion Technologies is sitting on more than $6 billion in unrealised losses on its Ethereum holdings as the cryptocurrency slid to multi-month lows during the recent market downturn.

TV presenter and finance editor at Grafa, with a Master’s in Commerce from UWA and diverse industry experience in finance, insurance, and media.
BitMine Immersion Technologies is sitting on more than $6 billion in unrealised losses on its Ethereum holdings as the cryptocurrency slid to multi-month lows during the recent market downturn.
Wirex has partnered with Chimera Wallet to launch the Chimera Card, a Bitcoin-funded debit card that allows users to spend BTC at more than 80 million merchants worldwide.
Bitcoin briefly fell below $73,000 on Tuesday, hitting its lowest level since November 2024 as renewed selling swept through the market.
Fireblocks has integrated the Canton Network, enabling regulated financial institutions to custody and settle assets on a privacy-enabled blockchain built for capital markets.
French authorities have arrested three men accused of kidnapping and torturing a 74-year-old man for nearly 16 hours in a failed attempt to extort cryptocurrency from his son.
Convicted sex offender Jeffrey Epstein invested in Bitcoin infrastructure firm Blockstream during its 2014 seed round and invited co-founder Adam Back to his private Caribbean island, according to newly released U.S. Department of Justice files.
Island Pharmaceuticals (ASX:ILA) secured $9 million in strategic funding, raised through a placement of approximately 25.7 million new ordinary shares priced at $0.35 each.
Lachlan Star (ASX:LSA) has entered into a binding agreement to acquire a 90% interest in the high-grade New Waverley Gold Project.
AustralianSuper, the nation's largest pension fund, has reduced its position in the ASX (ASX:ASX).
W.W. Grainger (NYSE:GWW) issued an optimistic outlook for 2026 after finishing a resilient fiscal 2025, during which the industrial distributor aggressively returned capital to shareholders despite a muted North American manufacturing environment.
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