Name: Tom Lee's Ethereum bet is down $9 billion
Uploaded: 2026-06-04T16:29:32.000Z
Duration: 1 min 18 s
Description: 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."

CD20$1,733.08 BTC$63,321.14 ETH$1,845.04 XRP$1.09 SOL$75.00

Tom Lee's Ethereum bet is down $9 billion | CoinDesk Videos

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CD20$1,733.08 BTC$63,321.14 ETH$1,845.04 XRP$1.09 SOL$75.00

Tom Lee's Ethereum bet is down $9 billion | CoinDesk Videos