Strategy and BitMine incur over $10 billion in unrealized losses on their BTC and ETH holdings

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Strategy and BitMine report over $10 billion in floating losses on their BTC and ETH holdings as BTC price falls below key support levels. Strategy holds 843,700 BTC at an average price of $757,000, resulting in a floating loss of approximately $122.7 billion. BitMine holds 5.42 million ETH at $3,500, reflecting a $103.5 billion loss. The Fear & Greed Index remains in the extreme fear zone, indicating continued market stress.

According to Lookonchain, Strategy holds 843,700 BTC at an average price of $75,700, with an unrealized loss of approximately $12.27 billion; BitMine holds 5.42 million ETH at an average price of $3,500, with an unrealized loss of approximately $10.35 billion.

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