Strategy and Bitmine Report Significant Unrealized Losses on BTC and ETH Holdings

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According to Chainthink, the Fear & Greed Index remains in fear territory as Strategy (MSTR) reports a $1.65 billion unrealized loss on its 761,068 BTC holdings, valued at $55.96 billion with a cost basis of $75,696 per BTC. Bitmine (BMNR) holds 4,595,562 ETH worth $10.46 billion, with a cost basis of $3,714 per ETH, resulting in a $6.6 billion loss. BTC price movements continue to significantly impact institutional balance sheets.

ChainThink reports that, as of March 16, according to on-chain analyst Yujin, Strategy (MSTR) currently holds 761,068 BTC ($55.962 billion) at an average cost basis of $75,696, with an unrealized loss of $1.648 billion.


Bitmine (BMNR) currently holds a total of 4,595,562 ETH ($10.464 billion) at an average cost basis of $3,714, with an unrealized loss of $6.604 billion.

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