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- 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
💬 Stay clear-headed in a bull market, calm in a bear market.
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📅 Event Period: Oct 30, 2025, 10:00 – Nov 6, 2025, 16:00 (UTC)
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🥇 1st Prize (1 winners): 40 PI - 🚀 Gate Square Creator Certification Incentive Program Is Live!
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Bitmine and SharpLink's Ethereum Holdings combined losses expanded to $2.57 billion, with mNAV below 1.
On November 5th, according to strategicethreserve data, Bitmine (BMNR) ranks first in Ethereum institutional holdings, currently holding approximately 3.4 million ETH, worth about 1.132 billion USD, with a 20% increase in holdings over the past 30 days, an average cost of 4,037 USD, and unrealized losses of about 2.4 billion USD; SharpLink (SBET) ranks second in Ethereum institutional holdings, currently holding 860,000 ETH, worth about 286 million USD, with a 2.5% increase in holdings over the past 30 days, an average cost of 3,609 USD, and unrealized losses of about 170 million USD; it is worth noting that the mNAV (net asset value multiples) of the two companies are currently 0.99 and 0.87 respectively, Bitmine's current market capitalization is 11.236 billion USD, and SharpLink's current market capitalization is 2.297 billion USD, both below their Ethereum holdings value.