Episode
Tom Lee's Ethereum Bet Is Down $9 Billion | CoinDesk Daily
- Podcast
- CoinDesk Podcast Network
- Published
- Jun 4, 2026
- Duration seconds
- 77
- Processing state
not_requested- Canonical source
- https://traffic.megaphone.fm/CDI6960709992.mp3
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Summary
Bitmine sitting on $9B of unrealized losses from its ETH bag. Bitmine, the largest corporate holder of ether, is sitting on nearly $9 billion in unrealized losses as ETH falls below $1,800. Chairman Tom Lee still predicts a $250,000 price target, but shares of BMNR are down drastically since early May. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.