2026-01-16 01:20:52

The latest moves of major Ethereum holders have attracted attention. According to reports, the chairman of the world's leading Ethereum asset management firm BitMine revealed some intriguing figures at the recent shareholders' meeting — the firm currently manages $13 billion worth of Ethereum assets and is expected to generate over $400 million in pre-tax annual income through staking and other methods.

Interestingly, BitMine may have saved approximately $400 million during the recent Ethereum dip in the past few months. However, despite timing their purchases well, the current unrealized loss from this operation since July last year still amounts to $2.3 billion, which highlights the volatility of Ethereum's market.

In addition to holding Ethereum, BitMine has recently been exploring new strategies. The company invested $200 million in a venture owned by a well-known content creator, and management is very optimistic about this investment, even claiming it could achieve a "10x return." At the same time, BitMine is planning to launch a mobile app product and intends to make significant investments in the tokenization sector. These moves indicate that the firm is shifting from being a simple Ethereum holder to a diversified Web3 player.

ETH2,74%

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MEVSandwich

· 01-18 16:02

Floating loss of 2.3 billion still daring to boast 10x returns, this courage is really something else --- BitMine's move is just gambling on the subsequent market trend, exchanging 400 million USD in time cost for some psychological comfort --- With 13 billion USD in ETH, still daring to diversify investments, really not afraid of going all-in and returning to the pre-liberation era? --- Staking yields of 400 million annually, now that's true passive income, how do retail investors like us compare? --- Content creators' projects can multiply 10 times, that's a bit of an exaggeration haha --- From simply holding coins to diversified Web3, basically just feeling that holding ETH isn't exciting enough --- A 2.3 billion USD floating loss is indeed painful, but their scale doesn't care about these fluctuations at all --- Moving apps to tokenization, BitMine is aiming to become the next ecosystem giant --- Saving 400 million USD by bottom-fishing but still incurring floating loss, this wave of retail harvesting is a bit speechless --- I don't really believe in this investment, just trying to hype the market and promote good news

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MeltdownSurvivalist

· 01-16 23:37

2.3 billion floating loss still there bragging about 10x returns, this move is absolutely brilliant haha

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WalletAnxietyPatient

· 01-16 01:49

A loss of 2.3 billion still dares to shout about 10x returns, how optimistic is that? --- BitMine bought the dip and incurred a floating loss of 2.3 billion. Wake up, everyone. --- 130 billion ETH pressing down on us—how strong must your mental resilience be? --- Staking 400 million in annual returns sounds great, but the premise is that ETH must rise. --- Another dream of 10x returns, another big investment story. Can we stop the bleeding first? --- Diversification? I think it's just betting on the next hot trend to save the day. --- Selling creative content stocks for 200 million with the hope of 10x—this logic I really don't understand. --- Last July, buying the dip resulted in floating losses, and now still throwing money in—this is the gambler's mentality. --- Buying the dip saved 400 million but ended up losing 2.3 billion. Did the math teacher teach you that? --- Mobile applications, tokenization tracks—sounds like just trying to divert retail investors' attention.

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rekt_but_vibing

· 01-16 01:49

Haha, BitMine's move is really bold. Buying the dip saved 400 million but still resulted in a 2.3 billion loss. This is my daily routine in crypto trading. 10x returns? Sounds great, but I bet five bucks and end up getting trapped again. Staking 400 million for a year sounds good, but unfortunately, we small investors can't enjoy that. Diversified investing is easy to say, but it still feels like gambling. This institution really dares to play. I can only watch the excitement. Even with such floating losses, they dare to invest 200 million in content creators. How much faith does that take? Speaking of which, this is probably the gap between big players and us. Losing money so confidently.

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SlowLearnerWang

· 01-16 01:24

Oh no, what are they hyping about a 10x return now? Just listen. I really can't hold back. There's still a $2.3 billion unrealized loss and they're talking about diversifying. This pace is truly ahead of the curve. Is earning 400 million annually from staking not enough? Do they have to gamble on content creators? Wake up, everyone. They invested 13 billion, and this is the result. Even retail investors are anxious for them. It's already 2024, and they only just now think of multichain deployment. Should I say they're fast or slow?

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