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BitMine Immersion (BMNR), the largest Ethereum-focused digital asset treasury (DAT) firm and helmed by Wall Street veteran Thomas Lee, is sitting on steep unrealized losses on its big bet on ether ETH$2,793.92. The firm reported Friday $328 million in net income for its fiscal year ended August 31, while fully diluted earnings per share came…
BitMine Immerision (BMNR), the largest corporate holder of ether ETH$3,135.83, said on Friday it has appointed Chi Tsang as its new chief executive officer, succeeding Jonathan Bates, who led the company from its early days through its listing on the NYSE American. Shares are lower by 3.4% premarket alongside a continuing slide in crypto in…
