BitMine Immersion added $98 million of ether last week as losses balloon to more than $8 billion

BitMine Immersion made a significant investment last week, adding a substantial $98 million worth of ether to its portfolio. This move comes at a time when the company's financial troubles have intensified, with their total losses skyrocketing to over $8 billion, raising concerns about their overall stability and future prospects in the volatile cryptocurrency market. source: https://www.coindesk.com/business/2026/02/23/bitmine-immersion-added-usd98-million-of-ether-last-week-as-losses-balloon-to-more-than-usd8-billion