PANews, August 3: According to on-chain analyst Yujin, Bitcoin treasury company Strategy (MSTR) sold 1,638 BTC (approximately $105 million) last week at an average price of $63,957. It currently holds a total of 842,138 BTC ($52.684 billion), with an average cost basis of $75,419, resulting in an unrealized loss of $10.829 billion (-17%). Meanwhile, Ethereum treasury company Bitmine (BMNR) purchased 10,399 ETH ($19.85 million) last week at an average price of $1,909.
MSTR's Bitcoin holdings incur a $10.83 billion loss, Bitmine adds $19.85 million in ETH
PANewsShare
Summary
MSTR’s Bitcoin holdings face a $10.83 billion unrealized loss as ETH prices rise. The company sold 1,638 BTC at $63,957, leaving 842,138 BTC valued at $52.68 billion. Bitmine added 10,399 ETH at $1,909, totaling $19.85 million in new ETH purchases driven by fundamental analysis. MSTR’s cost basis remains at $75,419 per BTC.
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