BitMine Immersion Technologies has disclosed that its unrealized losses on Ethereum holdings have expanded sharply, even as the company confirmed that its total ETH position has grown to 4.285 million tokens.

A crypto trader widely known as the “Hyperunit whale” has suffered one of the largest single-position losses of the year after closing an Ethereum long at a steep loss, according to on-chain data shared by Arkham.

Tom Lee’s Ethereum-focused vehicle, BitMine, is currently sitting on an estimated $6 billion unrealized loss as Ethereum continues to trade well below its average acquisition price.

Bit Digital said 2025 became a turning point as the company deliberately reshaped its business to align with how capital markets are evolving.

Ethereum co-founder Vitalik Buterin has outlined a major strategic shift for the Ethereum Foundation, signaling a period of tighter spending paired with an accelerated long-term vision focused on decentralization, privacy, and technological self-sovereignty.

Ethereum has broken below the key $2,900 level, extending its short-term downtrend and increasing pressure across leveraged positions.

ERC-8004 is set to launch on Ethereum mainnet, introducing a new standard aimed at solving a fundamental problem in open AI systems: trust.

Ethereum’s role as the backbone of onchain finance is becoming harder to ignore. A newly released chart from BlackRock shows that more than 65% of all tokenized assets currently reside on the Ethereum mainnet, underlining the network’s dominance just as ETH prices attempt to stabilize after a volatile correction.

Bitmine Immersion Technologies is rapidly positioning itself as one of the most aggressive Ethereum treasury players in public markets, with total crypto assets, cash reserves, and early-stage investments now valued at roughly $12.8 billion.