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BitMine Immersion Sitting on $4B Loss on Ether Bet as Analyst Warns of Structural issues

BitMine Immersion Sitting on $4B Loss on Ether Bet as Analyst Warns of Structural issues

2025-11-22

Tom Lee’s company could trap shareholders amid low staking yields, hefty embedded fees and vanishing NAV premium, 10x Research founder Markus Thielen warns.

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