BitMine sits on $3.7B loss as DAT ‘Hotel California’ meets BlackRock’s staked ETH ETF

Source: Cointelegraph | Published: November 20, 2025, 11:17 am | Read Original

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BitMine sits on $3.7B loss as DAT ‘Hotel California’ meets BlackRock’s staked ETH ETF

BitMine’s $3.7 billion paper loss and the falling mNAV valuations are threatening the business model of DATs, according to 10x Research.

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BitMine sits on $3.7B loss as DAT ‘Hotel California’ meets BlackRock’s staked ETH ETF

BitMine’s $3.7 billion paper loss and the falling mNAV valuations are threatening the business model of DATs, according to 10x Research.

Cointelegraph • Nov 20, 2025 • Found on Glideslope.ai

Post hash: qs2sj1a • glideslope.ai/post/qs2sj1a

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