BitMine just reported $3.82 billion in quarterly losses. Tom Lee's firm holds 4% of all ETH supply. The man who told everyone to "never sell" is sitting on paper losses larger than most companies' market caps. His response? Keep buying. Not financial advice. But when your thesis requires you to stay solvent forever... That's not a strategy. That's a religion. The market doesn't care about conviction. It cares about margin calls.
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