BitMine Buys Ethereum Dip Despite $8 Billion Losses While Strategy Cuts Debt With No Bitcoin Sales

Strategy spends $1.38 billion cash to retire 2029 bonds with zero BTC sales, while BitMine absorbs 111,000 ETH despite an $8 billion paper loss. Strategy spends $1.38 billion cash to retire 2029 bonds with zero BTC sales, while BitMine absorbs 111,000 ETH despite an $8 billion paper loss.