From Rachel Reeves’s fiscal rules to sitting down in new jeans: Edith Pritchett’s week in Venn diagrams – cartoon
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Tom Lee’s BMNR Sitting on Major Losses
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…